Botswana’s annual inflation rate accelerated to 8.8% in October of 2021 from 8.4% in the previous month. Main upward pressure came from prices of transport (19.3% vs 17.5% in September); alcoholic beverages & tobacco (8.8% vs 9%); housing & utilities (8.2% vs 8.3%); miscellaneous goods & services (7.4% vs 7.3%) and food & non-alcoholic beverages (6.8% vs 6.4%). On a monthly basis, consumer prices inched up 0.9%, the biggest increase in six months, following a 0.5% rise in the prior month. source: Central Statistics Office, Botswana
Inflation Rate in Botswana averaged 6.67 percent from 1997 until 2021, 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 December of 2021.
Inflation Rate in Botswana is expected to be 9.50 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 4.60 percent in 2022, according to our econometric models.