{"id":29389,"date":"2023-06-24T07:58:40","date_gmt":"2023-06-24T07:58:40","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may"},"modified":"2023-06-24T08:27:04","modified_gmt":"2023-06-24T08:27:04","slug":"inflation-eased-in-may","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may","title":{"rendered":"Inflation eased in May"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the central bank to temper with the rates during the course of 2023.<\/b><\/p>\n

\u201cInflation will continue to decline to a trough close to BoB\u2019s 3 percent lower bound in July 2023. It will then rise above 6 percent by Q423, before sustainably trending within the 3-6 percent range in Q224,\u201d said Kgori Capital analyst, Kitso Mokhurutshi, adding that \u201cWe do not expect any changes to MoPR during 2023.\u201d<\/p>\n

Statistics Botswana said Monday that inflation fell from 7.9 percent in April to 5.7 percent in May.<\/p>\n

The Bank has assigned itself a medium-term objective range of 3-to- 6 percent.<\/p>\n

Last week, Bank of Botswana Monetary Policy Committee left the rates on hold at 2.65 percent despite observing the slackening of inflation in the previous month. In March, annual inflation stood at 9.9 percent and dropped 2 percent to 5.7 percent in April.<\/p>\n

The decrease in inflation between April and May was mainly due to the base effects associated with the upward adjustment of domestic fuel prices in May 2022 as it fell from 11.2 to 4.2 percent. Other commodities that fell included food and non-alcoholic beverages from 16.6 to 14.3 percent.<\/p>\n

On Tuesday, Botswana Energy Regulatory Authority (BERA), announced price reduction on retail pump prices that will effect from Wednesday morning.<\/p>\n

Pump prices for unleaded petrol 93 will slow-down by 22 thebe per litre and unleaded 95 will ease by 14 thebe per litre. Diesel 50ppm will slouch-down by 227 per litre and paraffin will drop 241 per litre. \u201cI think that Bank of Botswana is going to do some observing,\u201d an analyst at Imara Capital, Mogorosi Badisang said.<\/p>\n

He said \u201cthere is still a lot of uncertainty out there\u201d particularly with imported inflation from South Africa. Any move not to adjust the rates downwards will continue to dampen the economic activities in the country.<\/p>\n

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

Africa-Press – Botswana. Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the central bank to temper with the rates during the course of 2023. \u201cInflation will continue to decline to a trough close to BoB\u2019s 3 percent lower bound in July 2023. It will then […]<\/p>\n","protected":false},"author":84,"featured_media":29388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[233,237,234],"class_list":["post-29389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nInflation eased in May - Botswana<\/title>\n<meta name=\"description\" content=\"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...\" \/>\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\/inflation-eased-in-may\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation eased in May\" \/>\n<meta property=\"og:description\" content=\"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\" \/>\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=\"2023-06-24T07:58:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-24T08:27:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1620\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\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\/inflation-eased-in-may#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inflation eased in May\",\"datePublished\":\"2023-06-24T07:58:40+00:00\",\"dateModified\":\"2023-06-24T08:27:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"files\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\",\"name\":\"Inflation eased in May - Botswana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg\",\"datePublished\":\"2023-06-24T07:58:40+00:00\",\"dateModified\":\"2023-06-24T08:27:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg\",\"width\":1620,\"height\":1080,\"caption\":\"Inflation eased in May\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/botswana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation eased in May\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/\",\"name\":\"Botswana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Inflation eased in May - Botswana","description":"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may","og_locale":"en_US","og_type":"article","og_title":"Inflation eased in May","og_description":"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...","og_url":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may","og_site_name":"Botswana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-06-24T07:58:40+00:00","article_modified_time":"2023-06-24T08:27:04+00:00","og_image":[{"width":1620,"height":1080,"url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Inflation eased in May","datePublished":"2023-06-24T07:58:40+00:00","dateModified":"2023-06-24T08:27:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may"},"wordCount":316,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg","keywords":["Africa Press","Africa Press-Botswana","Botswana"],"articleSection":["all news","files"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may","url":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may","name":"Inflation eased in May - Botswana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg","datePublished":"2023-06-24T07:58:40+00:00","dateModified":"2023-06-24T08:27:04+00:00","author":{"@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Headline inflation slid down to the Bank of Botswana target margin, but analysts ruled out the possibility for the ce ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#primaryimage","url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg","contentUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/06\/sm_1687578256.320153.jpg","width":1620,"height":1080,"caption":"Inflation eased in May"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/inflation-eased-in-may#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/botswana\/"},{"@type":"ListItem","position":2,"name":"Inflation eased in May"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/botswana\/#website","url":"https:\/\/www.africa-press.net\/botswana\/","name":"Botswana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/29389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/comments?post=29389"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/29389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media\/29388"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media?parent=29389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/categories?post=29389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/tags?post=29389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}