After starting off the year 2022 on a 13 year high in January and February at a record 10.6 percent, Inflation has started cooling off, registering a 0.6 percentage points drop in March, Statistic Botswana has reported.
The annual inflation rate remained unchanged in February 2022, maintaining the 13-year all-time high figure of 10.6 percent, the same rate as in January 2022, Statistics Botswana's Consumer Price Index has reported. The last time Botswana recorded such high inflation levels was during the 2008/9 financial crisis.
December inflation goes up by 0.1 percent Although it is expected to slow down this year, the annual inflation continued to increase with the December inflation going up by 0.1 percent on the backdrop of fuel price increase. The annual inflation in December stood at 8.7 percent, way above the Bank of Botswana’s medium term […]
Botswana's inflation continued to rise in December 2021, after registering a slight increase of 0.1 percent, Statistics Botswana has reported. In its monthly release of the Consumer Price Index, the country's central data authority stated that annual inflation rate was 8.7 percent in December 2021, registering an increase of 0.1 of a percentage point from the November 2021 rate of 8.6 percent.