Saturday, March 17, 2018 | 12:18 PM

Inflation remains unchanged at 3.5 percent in June

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In June, headline inflation remained at 3.5 percent, unchanged from May. According to the latest data from Statistics Botswana, inflation increased for: food and non-alcoholic beverages (from 4.1 to 4.3 percent): health (from 1.3 to 1.9 percent); communication (from 0.2 to 0.3 percent); recreation and culture (from 2.3 to 2.5 percent); and miscellaneous goods and services (from 2.0 to 2.7 percent - mainly due to the 4.2 percent increase in Taxes, Licences and Fees). However, this was offset by inflation easing with respect to: alcoholic beverages and tobacco (from 5.2 to 5.1 percent); clothing and footwear (from 3.3 to 2.8 percent); housing, water, electricity, gas and other fuels (from 6.8 to 6.0 percent - due to the slowdown in rental increases); furnishing, household equipment and routine maintenance (from 3.7 to 3.4 percent); and transport (from 1.7 to 1.5 percent). Inflation was unchanged for: education (4.1 percent) and restaurants and hotels (3.7 percent).

The trimmed mean measure of core inflation and inflation excluding administered prices decreased from 3.1 to 2.9 percent and 3.4 to 3.3 percent, respectively.

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