Technology

Inflation remains at 3.3 percent in March

In March, headline inflation remained at 3.3 percent as recorded in February. According to the latest data from Statistics Botswana, inflation decreased for: clothing and footwear (from 1.5 to 1.3 percent); housing, water, electricity, gas and other fuels (from 3.3 to 3.2 percent); furnishing, household equipment and routine maintenance (from 2 to 1.6 percent); recreation and culture (from 1.2 to 1 percent); and miscellaneous goods and services (from 6.2 to 5.7 percent). However, this was partly offset by inflation increasing with respect to: food and non-alcoholic beverages (from -0.2 to 0.1 percent); alcoholic beverages and tobacco (from 0.4 to 0.6 percent); and restaurants and hotels (from 2.4 to 2.8 percent). Inflation remained unchanged for: health (1.1 percent); transport (9.9 percent); communication (-9.3 percent); and education (3.2 percent).

The trimmed mean measure of core inflation and inflation excluding administered prices remained unchanged at 3.5 and 1.6 percent, respectively.

Source: Bank of Botswana