Friday, August 23, 2019 | 07:42 PM

Inflation increases to 2.8 percent in June

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In June 2019, headline inflation increased to 2.8 percent from 2.6 percent in May 2019. According to the latest data from Statistics Botswana, the increase in inflation in June 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 2.9 to 3.4 percent) and Furnishing, Household Equipment and Routine Maintenance (from 1.7 to 2.1 percent). Other categories contributing to the higher inflation are: Food and Non-alcoholic Beverages (from 1 to 1.3 percent), Health (from 1 to 1.2 percent), Recreation and Culture (from 0 to 0.2 percent), Clothing and Footwear (from 1 to 1.1 percent) and Communication (from -9.3 to –0.1 percent). However, this was partly offset by inflation decreasing with respect to Transport (from 7.7 to 6 percent) and Restaurants and Hotels (from 2.5 to 2.3 percent). Inflation remained unchanged for Housing, Water, Electricity, Gas and Other Fuels (1.7 percent), Education (3.2 percent) and Miscellaneous Goods and Services (4.8 percent).


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