Monday, June 16, 2025
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Orebonye’s Defiant Rise Through North Africa’s Football Battleground

    Orebonye’s Defiant Rise Through North Africa’s Football Battleground

    Botswana Emerges as Sporting Powerhouse at 2025 RASA

    Botswana Emerges as Sporting Powerhouse at 2025 RASA

    With Eyes on Morocco, Botswana’s Mares Gear Up for WAFCON 2025 Amid Rising Hopes and Renewed Support

    With Eyes on Morocco, Botswana’s Mares Gear Up for WAFCON 2025 Amid Rising Hopes and Renewed Support

    Business Mind, Football Heart: Babitseng’s Journey to the COSAFA Executive

    Business Mind, Football Heart: Babitseng’s Journey to the COSAFA Executive

    Region 5 Empowers Optometrists for Inclusive Sport

    Region 5 Empowers Optometrists for Inclusive Sport

    Summer Kids Marathon Targets 1,500 Participants

    Absa promises “bigger and better” Kids Marathon

  • Subscribe
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Orebonye’s Defiant Rise Through North Africa’s Football Battleground

    Orebonye’s Defiant Rise Through North Africa’s Football Battleground

    Botswana Emerges as Sporting Powerhouse at 2025 RASA

    Botswana Emerges as Sporting Powerhouse at 2025 RASA

    With Eyes on Morocco, Botswana’s Mares Gear Up for WAFCON 2025 Amid Rising Hopes and Renewed Support

    With Eyes on Morocco, Botswana’s Mares Gear Up for WAFCON 2025 Amid Rising Hopes and Renewed Support

    Business Mind, Football Heart: Babitseng’s Journey to the COSAFA Executive

    Business Mind, Football Heart: Babitseng’s Journey to the COSAFA Executive

    Region 5 Empowers Optometrists for Inclusive Sport

    Region 5 Empowers Optometrists for Inclusive Sport

    Summer Kids Marathon Targets 1,500 Participants

    Absa promises “bigger and better” Kids Marathon

  • Subscribe
No Result
View All Result
The Business Weekly & Review
No Result
View All Result
Home Columns Data Collections & Analysis

Botswana’s annual inflation rate set to dampen the Christmas spirit

Botswana’s annual inflation rate has taken an unfavourable turn in the last quarter of 2021. A report by Statistics Botswana shows that since July 2021, the inflation rate has been soaring around an average of 8.5 percent, reaching a high of 8.9 percent in July 2021. This was the highest recorded since December 2011.

mm by Data Collection & Analysis
November 29, 2021
in Data Collections & Analysis
Reading Time: 2 mins read
0
Botswana’s annual inflation rate set to dampen the Christmas spirit
0
SHARES
113
VIEWS
Share on FacebookShare on Twitter

The October annual inflation rate stood at 8.8 percent owing to the upward pressure which came from prices of Transport (19.3 percent vs 17.5 percent in September), Alcoholic Beverages & Tobacco (8.8 percent vs 9 percent), Housing & Utilities (8.2 percent vs 8.3 percent), Miscellaneous Goods & Services (7.4 percent vs 7.3 percent) and Food & Non-Alcoholic Beverages (6.8 percent vs 6.4 percent). On a monthly basis, consumer prices increased by 0.9 percent, the biggest increase in six months, following a 0.5 percent rise in the prior month.

As shown by these figures, Transport remained the major contributor of the increase as it is the most important category in the Consumer Price Index (CPI) with 20.65 percent of total weight. CPI measures changes in the prices paid by consumers for a basket of goods and services. Statistics show that in Botswana, CPI increased to 113.30 points in October from 112.30 points in September of 2021, owing to the annual inflation rate taking an upward swing.

The rising inflation is especially taking a toll on lower-income families as the Rural Villages’ inflation rate has shown a rise of 0.6 percent from 8.0 percent in September 2021 to 8.6 percent in October 2021. The Urban Villages’ inflation rate was 9.0 percent in October compared to the September rate of 8.6 percent, while the Cities & Towns inflation rate rose by 0.3 of a percentage point, from 8.4 percent in September to 8.7 percent in October. Price increases that in the very short run put a lot of pressure on family budgets across the board will cause more stress and damage for low-income households as they have less scope and resources to absorb it.

The group indices were generally moving at a steady pace between September and October 2021, recording changes of less than 1.0 percent, except the Transport group index which recorded 3.0 percent from 114.0 in September to 117.5 in October. This was attributed to a growth in the constituent section index of Operation of Personal Transport (5.2 percent) and Purchase of Vehicles (1.2 percent). The increase in the Operation of Personal Transport section index was attributed to the rise in retail pump prices for petrol (95) by P0.71 and diesel (50ppm) by P0.55 per litre, which effected on 8 October 2021. 

Given the fact that the Transport index is the one with a major effect on CPI, it may be prudent for policymakers to come up with ways to manage its constituents. As the festive season approaches, many people will be travelling and/or spending more. This could put even more pressure on the CPI and consequently the inflation rate. Controlling the fuel price will go a long way in managing the inflation rate.


This article was prepared by Data Collection & Analysis, a business research firm. Feedback or enquiries can be relayed to 76740658./research@eastearnman.co.bw Please contact us on details provided in this article to join our free Whatsapp group and receive research and data updates.

Tags: BotswanaInflation rate

Navigation

  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

Recent News

  • EMPIRICA Actuaries NHI Note 1
  • June 13th Edition
  • Orebonye’s Defiant Rise Through North Africa’s Football Battleground
  • Mining Sector Crisis Deepens … As hundreds face job losses
  • June 6th Edition

Site

  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition

© 2021 The Business Weekly & Review. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

© 2021 The Business Weekly & Review. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?