Thursday, October 18, 2018 | 06:38 PM

Inflation increases to 3.2 percent in December

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In December, headline inflation increased to 3.2 percent from 2.9 percent in November. According to the latest data from Statistics Botswana, inflation increased for: alcoholic beverages and tobacco (from 3.3 to 3.4 percent); housing, water, electricity, gas and other fuels (from 5.5 to 5.8 percent); transport (from 2.5 to 4.1 percent); recreation and culture (from 2 to 2.1 percent); restaurants and hotels (from 3.5 to 3.9 percent); and miscellaneous goods and services (from 2.4 to 2.8 percent). However, this was partly offset by inflation easing with respect to: food and non-alcoholic beverages (from 1.7 to 1.1 percent); clothing and footwear (from 2.6 to 2.5 percent); furnishing, household equipment and routine maintenance (from 2.7 to 2.4 percent); and communication (from 1.3 to 1.2 percent). Inflation remained unchanged for: health (1.9 percent) and education (4.2 percent).

The trimmed mean measure of core inflation increased from 2.5 to 2.9 percent, while inflation excluding administered prices decreased from 2.4 to 2.3 percent.  

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