Headline inflation rate increases to 2.2% in December 2019
16 January 2020
Headline inflation rate in December 2019 recorded an increase of 0.1% to 2.2%, up from 2.1% inflation rate in November 2019. Group indices also increased between November and December recording changes less than 1.0%. Annual inflation rate remains below the lower bound of the Bank of Botswana objective range of 3-6%, and is expected to gradually increase in the medium term. The Trimmed Mean Core inflation rate was 1.8% while inflation excluding administered prices was 2.5% in December 2019.