Botswana’s inflation rate increased to 2.7% in February 2025, the highest in six months. Key price increases were noted in miscellaneous goods, alcoholic beverages, and food. Monthly consumer prices rose by 0.3%.
In February 2025, Botswana’s annual inflation rate reached 2.7%, marking a significant rise from 2.5% in January and hitting a six-month peak. This increase indicates a continued upward trend in inflation for the second consecutive month.
Notable price hikes were reported in various categories, with miscellaneous goods and services increasing by 7.7%, alcoholic beverages and tobacco by 7.4%, and food and non-alcoholic beverages by 5.5%. These sectors contributed substantially to the overall inflation rate.
On a monthly basis, consumer prices saw a modest increase of 0.3% in February, following a 0.5% rise in the preceding month. This steady progression reflects ongoing changes in the economic landscape of Botswana.
The recent rise in Botswana’s inflation rate to 2.7% highlights key areas of price increases, particularly in miscellaneous goods, alcoholic beverages, and food. As consumer prices continue to rise, this trend will likely influence economic conditions moving forward.
Original Source: www.tradingview.com