{"id":10968,"date":"2022-07-27T14:38:50","date_gmt":"2022-07-27T14:38:50","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june"},"modified":"2022-07-27T16:02:30","modified_gmt":"2022-07-27T16:02:30","slug":"12-7-inflation-in-june","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june","title":{"rendered":"12.7% Inflation in June"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Annual inflation rose by 0.8 percent from 11.9 percent in May to 12.7 percent in June 2022, the highest value since February 2009 (11.7 percent), Statistics Botswana has said.<\/b><\/p>\n

The increase in inflation means that it remained above the Bank of Botswana\u2019s medium-term objective range of 3 \u2013 6 percent, and is significantly higher than the 8.2 percent in June 2021.<\/p>\n

Transport The Main Driver Of Inflation<\/b><\/p>\n

According to Statistics Botswana, this significant upward pressure on the annual inflation rate in June was due to increasing prices for major components in the Consumer Price Index (CPI) basket, specifically Transport (8.1 percent), Food & Non-Alcoholic Beverages (1.4 percent), Housing, Water, Electricity, Gas & Other Fuels (1.1 percent) and Miscellaneous Goods & Services (0.9 percent).<\/p>\n

The Transport group index registered an increase of 3.1 percent, from 144.2 in May to 148.7 in June. \u201cThe increase was mainly attributable to a rise in the constituent section indices of Transport Services (14.8 percent) and purchase of Vehicles (1.0 percent),\u201d said Statistics Botswana in the report.<\/p>\n

Fares For Long Distance Buses Now 35t Per km<\/b><\/p>\n

The rise in Transport Services section index was mainly due to an increase in Minibus and Taxi Fares from P6.00 to P7.00 and P7.00 to P8.00 respectively, whereas long distance bus fares (bitumen road) increased from P0.30 to P0.35 per kilometre. These changes were effected on 20 May 2022.\u201d<\/p>\n

The Food & Non-Alcoholic Beverages group index, on the other hand, rose by 1.8 percent, from 121.6 in May 2022 to 123.8 in June 2022. \u201cThis was due to a general increase in the constituent section indices, specifically Oils & Fats (5.4 percent), Bread & Cereal (2.2 percent), Vegetables (1.8 percent), Milk, Cheese & Milk Products (1.8 percent), Food Not Elsewhere Classified (1.2 percent), Sugar, Jam, Honey, Chocolate & Confectionery (0.9 percent), Meat (Fresh, Chilled & Frozen) (0.9 percent) and Mineral Waters, Soft Drinks, Fruits & Vegetables Juices (0.8 percent),\u201d the government statistics agency noted.<\/p>\n

Annual price changes also occurred for the following categories of goods and services: Clothing & Footwear (from 3.8 to 4.1 percent); Health (from 2 to 2.3 percent); and Furnishing, Household Equipment & Routine Maintenance (from 5.2 to 5.3 percent).<\/p>\n

However, the upward pressure on inflation was partially offset by inflation falling with respect to: Housing, Water, Electricity, Gas & Other Fuels (from 8 to 6.3 percent); Alcoholic Beverages and Tobacco (from 4.7 to 4.6 percent); Recreation and Culture (from 4.3 to 4.2percent); Education (from 2.6 to 2.5 percent); and Restaurants and Hotels (from 4.7 to 4.6 percent). Inflation remained unchanged for \u2018Communication\u2019 (0.4 percent).<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Annual inflation rose by 0.8 percent from 11.9 percent in May to 12.7 percent in June 2022, the highest value since February 2009 (11.7 percent), Statistics Botswana has said. The increase in inflation means that it remained above the Bank of Botswana\u2019s medium-term objective range of 3 \u2013 6 percent, and is […]<\/p>\n","protected":false},"author":84,"featured_media":10967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,237,234],"class_list":["post-10968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\n12.7% Inflation in June - Botswana<\/title>\n<meta name=\"description\" content=\"Annual inflation rose by 0.8 percent from 11.9 percent in May to 12.7 percent in June 2022, the highest value since F ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"12.7% Inflation in June\" \/>\n<meta property=\"og:description\" content=\"Annual inflation rose by 0.8 percent from 11.9 percent in May to 12.7 percent in June 2022, the highest value since F ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-27T14:38:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-27T16:02:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/07\/postQueueImg_5-62e161703240c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"12.7% Inflation in June\",\"datePublished\":\"2022-07-27T14:38:50+00:00\",\"dateModified\":\"2022-07-27T16:02:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\"},\"wordCount\":393,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/07\/postQueueImg_5-62e161703240c.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/12-7-inflation-in-june\",\"name\":\"12.7% Inflation in June - 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