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. source: Central Statistics Office, Botswana
Inflation Rate in Botswana averaged 6.73 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 May of 2022.
Inflation Rate in Botswana is expected to be 8.00 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 5.00 percent in 2023 and 4.80 percent in 2024, according to our econometric models.