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. source: Central Statistics Office, Botswana

Inflation Rate in Botswana averaged 6.75 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 June of 2022.

Inflation Rate in Botswana is expected to be 12.40 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 7.00 percent in 2023 and 5.00 percent in 2024, according to our econometric models.

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Botswana Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 06:15 AM Apr 9.6% 10% 10.3%
2022-06-15 11:00 AM May 11.9% 9.6% 9.3%
2022-07-15 10:00 AM Jun 11.9% 12.4%


Related Last Previous Unit Reference
Inflation Rate 11.90 9.60 percent May 2022
Core Consumer Prices 118.00 116.50 points May 2022
Core Inflation Rate 5.80 6.80 percent Apr 2022
Food Inflation 8.30 6.10 percent May 2022
Inflation Rate Mom 2.60 3.00 percent May 2022
CPI Transportation 144.20 134.50 points May 2022
CPI Housing Utilities 122.70 122.30 points May 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
11.90 9.60 15.06 0.90 1997 - 2022 percent Monthly
2018=100, NSA

News Stream
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.
2022-06-16
Botswana Inflation Rate Eases to 4-Month Low
Inflation Rate in Botswana eased to 9.60 percent in April from 10 percent in March of 2022. It was the lowest inflation rate since December last year, as prices softened for food & non-alcoholic beverages (6.1 percent vs 6.9 percent); alcoholic beverages (5.3 percent vs 9.3 percent); and clothing and footwear (3.5 percent vs 4 percent). Also, prices rose to a lesser extent for transport (23.6 percent vs 23.8 percent) and housing and utilities (7.9 percent vs 8 percent).On a monthly basis, consumer prices advanced 3 percent, accelerating from a 0.3 percent uptick in the previous month.
2022-05-13
Botswana Inflation Rate Softens in March
Botswana’s annual inflation rate eased to 10% in March of 2022 from 10.6% in the prior month, but still close to levels not seen since 2009. There was a slight moderation in prices of transport (23.8% vs 27% in February); alcoholic beverages & tobacco (9.3% vs 9.6%); furnishings (5% vs 5.4%) and restaurants & hotels (4.6% vs 4.9%). Meanwhile, inflation edged higher for food & non-alcoholic beverages (6.9% vs 6.8%); miscellaneous goods & services (8.1% vs 8%); housing & utilities (8% vs 7.8%); clothing & footwear (4% vs 3.9%). On a monthly basis, consumer prices were up 0.3%, the same pace as in the previous month.
2022-04-14