The annual inflation rate in Botswana was 2.2 percent in January 2020, unchanged from the previous month. Prices advanced further for food & non-alcoholic beverages (3.2 percent vs 3 percent in December), in particular meat (6.8 percent vs 6.7 percent) and fish (4.9 percent vs 4.7 percent); restaurants & hotels (3.6 percent vs 2.9 percent); alcoholic beverages & tobacco (4.8 percent vs 4.4 percent) and clothing & footwear (1.5 percent vs 1.3 percent). Meantime, inflation was steady for housing & utilities (at 1.5 percent) and furnishings ( at 2.7 percent) while it slowed for transport (1 percent vs 1.3 percent).On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.2 percent in the previous month.

Inflation Rate in Botswana averaged 6.88 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. source: Central Statistics Office, Botswana

Inflation Rate in Botswana is expected to be 2.80 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 3.40 in 12 months time. In the long-term, the Botswana Inflation Rate is projected to trend around 3.10 percent in 2021, according to our econometric models.


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Botswana Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.20 15.06 2.10 1997 - 2020 percent Monthly
2018=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-15 06:55 AM Oct 2.4% 3.0% 3.2%
2019-12-13 02:00 PM Nov 2.1% 2.4% 2.3%
2020-01-15 09:10 AM Dec 2.2% 2.1% 2.3%
2020-02-14 08:20 AM Jan 2.2% 2.2% 2.3%
2020-03-13 08:00 AM Feb 2.2% 3.0%
2020-04-15 08:00 AM Mar 2.7%
2020-05-15 08:00 AM Apr
2020-06-15 08:00 AM May


News Stream
Botswana Inflation Rate Steady at 2.2% in January
The annual inflation rate in Botswana was 2.2 percent in January 2020, unchanged from the previous month. Prices advanced further for food & non-alcoholic beverages (3.2 percent vs 3 percent in December), in particular meat (6.8 percent vs 6.7 percent) and fish (4.9 percent vs 4.7 percent); restaurants & hotels (3.6 percent vs 2.9 percent); alcoholic beverages & tobacco (4.8 percent vs 4.4 percent) and clothing & footwear (1.5 percent vs 1.3 percent). Meantime, inflation was steady for housing & utilities (at 1.5 percent) and furnishings ( at 2.7 percent) while it slowed for transport (1 percent vs 1.3 percent).On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.2 percent in the previous month.
2020-02-14
Botswana Inflation Rate Edges Up to 2.2% in December
The annual inflation rate in Botswana rose to 2.2 percent in December 2019 from 2.1 percent in the previous month. Prices advanced faster primarily for food & non-alcoholic beverages (3 percent vs 2.7 percent in November), namely meat (5.7 percent vs 3.8 percent); fish (4.7 percent vs 4 percent) and bread & cereals (4.1 percent vs 3.9 percent); housing & utilities (1.5 percent vs 1.4 percent); restaurants & hotels (2.9 percent vs 2.7 percent); alcoholic beverages & tobacco (4.4 percent vs 3.9 percent) and furnishings (2.7 percent vs 2.3 percent). Meanwhile, cost slowed for transport (1.3 percent vs 1.4 percent) and miscellaneous goods & services (5.3 percent vs 5.5 percent). On a monthly basis, consumer prices went up 0.2 percent, after increasing 0.1 percent in the preceding month.
2020-01-15
Botswana Inflation Rate Lowest since 1997
The annual inflation rate in Botswana fell further to 2.1 percent in November 2019 from 2.4 percent in the previous month. This was the lowest inflation rate since at least January 1997, amid a slowdown in prices of transport (1.4 percent vs 2.6 percent in October) and housing & utilities (1.4 percent vs 1.6 percent). In contrast, cost rose faster for food & non-alcoholic beverages (2.7 percent vs 2.5 percent). At the same time, inflation remained steady for miscellaneous goods & services (at 5.5 percent); alcoholic beverages & tobacco (at 3.9 percent) and education (at 3.1 percent). On a monthly basis, consumer prices went up 0.1 percent, after being flat in the prior month.
2019-12-13
Botswana Inflation Rate Lowest since 1997
The annual inflation rate in Botswana fell to 2.4 percent in October 2019 from 3 percent in the previous month. This is the lowest inflation rate since at least January of 1997, as prices slowed mostly for transport (2.6 percent vs 6.2 percent in September). On the other hand, inflation remained steady for food & non-alcoholic beverages (at 2.5 percent) while it rose slightly for housing & utilities (1.6 percent vs 1.5 percent). On a monthly basis, consumer prices went up 0.1 percent, the same pace as in the previous month.
2019-11-15

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.