The annual inflation rate in Botswana eased to 2.4 percent in May of 2020 from 2.5 percent in April, amid decreases in prices of recreation & culture (-0.7 percent vs -0.4 percent) and transport (-0.1 percent vs 0.6 percent). In addition, inflation slowed for alcoholic beverages & tobacco (2.3 percent vs 3.5 percent). Conversely, prices rose faster mostly for food & non-alcoholic beverages (3.2 percent vs 3.1 percent); clothing & footwear (2 percent vs 1.7 percent) and housing & utilities (6.2 percent vs 6.1 percent), amid the recent hike in electricity tariffs. On a monthly basis, consumer prices were flat, after increasing 0.9 percent in the previous month.

Inflation Rate in Botswana averaged 6.82 percent from 1997 until 2020, reaching an all time high of 15.06 percent in November of 2008 and a record low of 2.10 percent in November of 2019. 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 July of 2020. source: Central Statistics Office, Botswana

Inflation Rate in Botswana is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Botswana to stand at 3.20 in 12 months time. In the long-term, the Botswana Inflation Rate is projected to trend around 3.40 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Botswana Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.50 15.06 2.10 1997 - 2020 percent Monthly
2018=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-13 12:00 PM Feb 2.2% 2.2% 3.0%
2020-04-15 12:00 PM Mar 2.2% 2.2% 2%
2020-05-15 04:00 PM Apr 2.5% 2.2% 2.5%
2020-06-15 01:30 PM May 2.4% 2.5% 2.5%
2020-07-15 11:00 AM Jun 2.4% 2.2%
2020-08-14 08:00 AM Jul 2.5%
2020-09-15 08:00 AM Aug
2020-10-15 08:25 AM Sep 3.2%


News Stream
Botswana May Inflation Rate Ticks Down to 2.4%
The annual inflation rate in Botswana eased to 2.4 percent in May of 2020 from 2.5 percent in April, amid decreases in prices of recreation & culture (-0.7 percent vs -0.4 percent) and transport (-0.1 percent vs 0.6 percent). In addition, inflation slowed for alcoholic beverages & tobacco (2.3 percent vs 3.5 percent). Conversely, prices rose faster mostly for food & non-alcoholic beverages (3.2 percent vs 3.1 percent); clothing & footwear (2 percent vs 1.7 percent) and housing & utilities (6.2 percent vs 6.1 percent), amid the recent hike in electricity tariffs. On a monthly basis, consumer prices were flat, after increasing 0.9 percent in the previous month.
2020-06-15
Botswana April Inflation Rate at 7-Month High of 2.5%
The annual inflation rate in Botswana rose to 2.5 percent in April of 2020 from 2.2 percent in the previous month. It was the highest inflation rate since last September, mainly pushed up by prices of housing & utilities (6.1 percent vs 1.5 percent in March) due to a 22 percent hike in electricity tariffs from April 1st. Meanwhile, inflation slowed for food & non-alcoholic beverages (3.1 percent vs 3.4 percent) and transport (0.6 percent vs 0.8 percent).On a monthly basis, consumer prices inched up 0.9 percent, after increasing 0.1 percent in the previous month.
2020-05-18
Botswana March Inflation Rate Remains Steady at 2.2%
The annual inflation rate in Botswana was 2.2 percent in March of 2020, unchanged from the previous three months. Prices advanced at the same pace for housing & utilities (1.5 percent) and transport (0.8 percent) while food inflation slowed slightly (3.4 percent vs 3.5 percent). On a monthly basis, consumer prices edged up 0.1 percent, the same pace as in the previous month.
2020-04-15
Botswana Inflation Rate Steady for 3rd Month at 2.2%
The annual inflation rate in Botswana was 2.2 percent in February of 2020. unchanged from the previous two months. Prices slowed primarily for transport (0.8 percent vs 1 percent in January) and miscellaneous goods & services (5 percent vs 5.2 percent) while costs advanced at the same pace for housing & utilities (1.5 percent). In contrast, inflation edged higher for food & non-alcoholic beverages (3.5 percent vs 3.2 percent). On a monthly basis, consumer prices went up 0.1 percent. after increasing 0.4 percent in the previous month.
2020-03-13

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.