Inflation rate falls to 2.8% in June

Botswana’s annual inflation rate dropped to 2.8 percent in June from 3.0 percent in May, according to data released by Statistics Botswana on Friday. The decline of 0.2 percentage points highlights easing inflationary pressures in the country.

The report identified Miscellaneous Goods & Services, Transport, and Food & Non-Alcoholic Beverages as the main contributors to the annual inflation rate in June. Miscellaneous Goods & Services contributed 0.8 percentage points, while Transport and Food & Non-Alcoholic Beverages each added 0.6 percentage points.

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