Annual inflation rate increases to 3.2% in December 2017
22 January 2018
The annual inflation rate in December 2017 increased to 3.2% from 2.9% inflation rate in November 2017. According to data from Statistics Botswana, group indices recorded marginal changes between November 2017 and December 2017 exept for the Transport index group which registered an increase of 4.1% y-o-y as a result of changes in the Operation of Personal Transport. This is attributable to the increase in the local retail fuel prices by 30 thebe for all types of fuel in December 2017. Core inflation (trimmed mean) was 2.9% in December, while the alternative measure of core inflation (excluding administered prices) was 2.3%.