Inflation Rate in Botswana increased to 14.60 percent in August from 14.30 percent in July of 2022. source: Central Statistics Office, Botswana

Inflation Rate in Botswana averaged 6.82 percent from 1997 until 2022, reaching an all time high of 15.06 percent in November of 2008 and a record low of 0.90 percent in June of 2020. This page provides the latest reported value for - Botswana Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Inflation Rate in Botswana is expected to be 14.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Botswana Inflation Rate is projected to trend around 11.30 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Botswana Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-08-15 01:00 PM Jul 14.3% 12.7% 13.8%
2022-09-15 10:00 AM Aug 14.6% 14.3% 15%
2022-10-14 10:00 AM Sep 14.6% 14.7%

Related Last Previous Unit Reference
Inflation Rate 14.60 14.30 percent Aug 2022
Core Inflation Rate 8.00 7.60 percent Aug 2022
Core Consumer Prices 121.10 120.40 points Aug 2022
Food Inflation 13.20 11.80 percent Aug 2022
Inflation Rate MoM 0.30 2.30 percent Aug 2022
CPI Transportation 158.50 158.10 points Aug 2022
CPI Housing Utilities 123.00 123.50 points Aug 2022

Botswana Inflation Rate
In Botswana the most important category in the Consumer Price Index is transports (20.65 percent of total weight). Food and non-alcoholic beverages accounts for 16.51 percent; housing, water, electricity, gas and other fuels for 14.9 percent and miscellaneous goods and services for 10.55 percent. Consumer Price Index in Botswana also includes alcoholic beverages and tobacco (7.83 percent); clothing and footwear (6.27 percent). Furnishings, household equipment and maintenance; education ; restaurants and hotels; communication and health account for the remaining 23.9 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
14.60 14.30 15.06 0.90 1997 - 2022 percent Monthly
2018=100, NSA

News Stream
Botswana Inflation Rate Hits Highest since 2008
Annual inflation rate in Botswana edged up to 14.6% in August of 2022 from 14.3% in July, reaching the highest since November of 2008. Main upward pressure came from cost of transport (39.8%); food & non-alcoholic beverages (13.2%), namely oils and fats and vegetables; housing and utilities (9.1%), mainly rents; and miscellaneous goods & services (9.8%), mainly insurance. Compared to the previous month, consumer prices increased 0.3%.
Botswana Inflation Rate Hits Fresh 13-Year Highs
Annual inflation rate in Botswana increased to 12.7% in June of 2022, the highest since January of 2009, and compared to 11.9% in May, pushed up by elevated global energy prices and a weakening pula that has been reaching record low levels against the USD. Biggest upward pressure came from prices of transport (35%); food and non-alcoholic beverages (9.6%); housing and utilities (6.3%); and miscellaneous goods and services (9.2%). Compared to the previous month, consumer prices increased 1.3%, after jumping 2.6% in May.
Botswana Inflation Rate Back to 2009-Highs
The annual inflation rate in Botswana climbed to 11.9% in May of 2022, up from 9.6% in the previous month. It was the highest level since January 2009, amid a weaker pula and due to soaring prices of transport (31.5% vs 23.6% in April) powered by the recent adjustment in fuel pump prices. Additional upward pressure came from food & non-alcoholic beverages (8.3% vs 6.1%); housing & utilities (8% vs 7.9%) and miscellaneous goods & services (8.2% vs 7.9%). On a monthly basis, consumer prices were up 2.6%, following a 3% increase in the previous month.