Tuesday, November 19, 2019 | 10:00 PM
 
 
   
 


Inflation increases to 2.6 percent in May

Email Print

 

According to the latest data from Statistics Botswana, headline inflation increased from 2.5 percent in April 2019 to 2.6 percent in May 2019.  The increase in inflation during May 2019 reflects the rise in the rate of annual change in prices for most categories of goods and services, led by ‘Alcoholic Beverages and Tobacco’ (from 2.1 to 2.9 percent). Other categories contributing to the higher inflation are: Transport (from 7.6 to 7.7 percent), Education (from 3.1 to 3.2 percent) and Food and Non-alcoholic Beverages (from 0.4 to 1 percent). The decrease in the deflation (from -9.4 to -9.3 percent) in ‘Communication ‘also contributed to the higher overall annual inflation in May than in April. However, the upward pressure on inflation was partly offset by inflation decreasing with respect to: Health (from 1.1 to 1 percent), Clothing and Footwear (from 1.1 to 1 percent), Recreation and Culture (from 0.1 to 0 percent) and Miscellaneous Goods and Services (from 4.9 to 4.8 percent). Inflation remained unchanged for: Housing, Water, Electricity, Gas and Other Fuels (1.7 percent), Furnishing, Household Equipment and Routine Maintenance (1.6 percent) and Restaurants and Hotels (2.5 percent).    

The trimmed mean measure of core inflation and inflation excluding administered prices increased from 2.6 to 2.7 percent and 1.7 to 1.9 percent, respectively 

 

  Latest News:

Auction Results (November 19)

Inflation decreases to 2.4 percent in October

DCI lost 4.08 percent year to date

Auction Results (November 12)

DCI lost 4.09 percent year to date