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Inflation falls to 2.7 percent in June

SHARE   |   Wednesday, 20 July 2016   |   By Bank Of Botswana
Inflation falls to 2.7 percent in June

Headline inflation fell to 2.7 percent in June, from 2.8 percent in May. According to the latest data from Statistics Botswana, inflation declined across a wide range of commodity groups, including: food (from 2.7 to 2.6 percent); clothing and footwear (from 7.1 to 6.9 percent); housing, water, electricity, gas and other fuels (from 6.6 percent to 5.8 percent, mainly due to a fall in the rate of increase for housing rentals); furnishing, household equipment and routine maintenance (from 3.0 percent to 2.8 percent); health (from 3.2 percent to 3.0 percent); recreation and culture (from 1.8 percent to 1.7 percent); restaurants and hotels (from 4.3 percent to 4.0 percent); and miscellaneous goods and services (from 7.7 to 7.5 percent). This was partly offset by a rise in inflation for transport (from –3.1 to –2.9 percent).  Inflation was unchanged for: alcoholic beverages and tobacco (2.0 percent); communication (zero percent); and education (3.8 percent). 
Inflation excluding administered prices also fell, from 3.8 to 3.6 percent, while the trimmed mean measures of core inflation rose from 2.3 percent to 2.4 percent. (BankofBotswana)