Inflation reaches 8-year high

Friday, May 14, 2021

Figures released by Statistics Botswana today show that inflation in April reached 5.6%, the highest since July 2013.

The increase was driven by the April 1 fuel price increase as well as higher prices of food, alcohol, financial services, house rentals and electricity tariffs.

The Bank of Botswana expects inflation to top six percent by June before returning to below that level in the first three months of next year.

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Inflation reaches 8-year high

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