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July blues

July blues

Inflation hits 12.7 percent for the month

Although prices of goods and services are already high, inflation continued to rise in July, reaching 14.3 percent for the month according to Statistics Botswana.

It represents a 1.6 percent increase from the 12.7 recorded in June.

The July blues were driven by rising fuel prices and transport costs, which have both increased significantly since the start of the year.

As a result, this has high impact on the weight of transport costs in the Consumer Price Index (CPI) basket.

It is expected inflation will remain on double digits f...

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