Botswana’s annual inflation rate eased for the second straight month to 8.4 percent in September of 2021 from 8.8 percent in the prior month. It was the lowest rate since June, amid a softer rise in prices of transport (17.5 percent vs 20.6 percent in August) and as inflation remained steady for food & non-alcoholic beverages (at 6.4 percent) and recreation & culture (at 4.3 percent). Meanwhile, costs continued to advance mostly for alcoholic beverages & tobacco (9 percent vs 8.2 percent); housing & utilities (8.3 percent vs 8.2 percent), miscellaneous goods & services (7.3 percent vs 7 percent) and furnishings (5 percent vs 4.3 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 0.1 percent gain in the previous month. source: Central Statistics Office, Botswana
Inflation Rate in Botswana averaged 6.67 percent from 1997 until 2021, 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 October of 2021.
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 4.00 percent in 2022 and 3.60 percent in 2023, according to our econometric models.