Saturday, September 26, 2020

Botswana inflation remains unchanged in February

The February 2010 national year-on-year inflation rate remained unchanged at 6.1 percent as was recorded in January, a statement from Central Statistics Office (CSO) said this week.

The CSO said the cities and towns’ inflation rate went down by 0.1 of a percentage point from 6.7 percent in January to 6.6 percent in February.

The urban villages’ inflation rate was 5.8 percent, also down by 0.1 of a percentage point from the January rate of 5.9 percent. The rural villages’ inflation rate registered an increase of 0.3 of a percentage point from 5.1 percent in January to 5.4 percent in February.

The February 2010 national Consumer Price Index was 131.7, registering an increase of 0.2 percent on the January index of 131.4.

The rural villages’ index increased from 135.8 in January to 136.4 in February, recording an increase of 0.4 percent. The cities and towns’ index went up by 0.2 percent, moving from 129.8 to 130.1 between January and February, while the urban villages’ index was 131.2 in February, the same level as in January 2010.

All the group indices showed stable movements between January and February 2010, except for Restaurants & Hotels and Furnishing, Household Equipment & Maintenance, which slightly moved up by 0.6 percent and 0.4 percent, respectively.

The Restaurants & Hotels group index moved from 155.6 to 156.5, registering an increase of 0.6 percent between January and February 2010. The rise was due to increases in the constituent section indices of Accommodation Services (1.1 percent) and Restaurants, Cafes and the Like (0.6 percent).

The Furnishing, Household Equipment and Routine Maintenance of Household index group moved from 130.6 to 131.2, registering an increase of 0.4 percent between January and February 2010. The increase was due to the general rise in the section indices, notably Glassware, Tableware & Household Utensils (1.4 percent), Carpets &
Other Floor Coverings (0.8 percent).

Imported Tradeables inflation rate recorded an increase of 0.5 of a percentage point between January and February, from 8.5 to 9.0 percent. The Domestic Tradeables inflation rate went down from 3.0 percent in January to 2.2 percent in February.

The Non-Tradeables inflation rate also dropped from 5.7 percent in January to 5.6 percent in February. The All ÔÇôTradeables inflation rate remained unchanged at 6.1 percent, the same rate as in January 2010.

The Imported Tradeables index went up by 0.2 percent ÔÇô from 127.2 to 127.4 between the two periods. The Domestic Tradeables index increased from 149.3 in January to 149.5 in February, an increase of 0.1 percent.

The Non-Tradeables index rose by 0.2 percent ÔÇô from 123.8 in January to 124.0 in February. The All-Tradeables index moved from 134.6 in January to 134.9 in February, recording an increase of 0.2 percent.

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