Botswana’s annual inflation rate increased to 2.7% in February 2025, the highest in six months, primarily driven by substantial price hikes in miscellaneous goods & services, alcoholic beverages, and food & non-alcoholic beverages. Monthly consumer prices rose by 0.3%.
In February 2025, Botswana’s annual inflation rate escalated to 2.7%, marking a six-month high and rising from 2.5% in January. This increase reflects a consecutive month of upward movement in inflation rates. Notably, the sharpest price increases were observed in miscellaneous goods and services, which surged by 7.7%, followed by alcoholic beverages and tobacco at 7.4%, and food and non-alcoholic beverages at 5.5%.
On a monthly basis, consumer prices experienced a modest rise of 0.3% in February, following a slightly higher increase of 0.5% in January. This trend indicates a slow but steady inflationary pressure on the economy, influencing various sectors significantly.
Overall, the surge in Botswana’s inflation rate to 2.7% in February 2025 signifies heightened price pressures in several categories, particularly in miscellaneous goods, alcoholic beverages, and food items. The steady monthly uptick in consumer prices underscores ongoing inflationary challenges that may affect consumer spending and economic strategies going forward.
Original Source: www.tradingview.com
