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Inflation decreases to 3.1 percent in June

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In June, headline inflation decreased to 3.1 percent from 3.3 percent in May. According to the latest data from Statistics Botswana, inflation decreased for: food and non-alcoholic beverages (from -0.5 to -0.6 percent); health (from 1.4 to 0.8 percent); communication (from 1.2 to -8.2 percent - largely because of a decrease in the price index for telephone and telefax services); recreation and culture (from 2.1 to 1.9 percent); education (from 5.5 to 5.4 percent); and miscellaneous goods and services (from 8.5 to 7.5 percent).  However, this was partly offset by inflation increasing with respect to: alcoholic beverages and tobacco (from 0.5 to 0.7 percent); clothing and footwear (from 2.1 to 2.2 percent); housing, water, electricity, gas and other fuels (from 3.4 to 3.6 percent); and transport (from 6.2 to 7.5 percent). Inflation remained unchanged for: furnishing, household equipment and routine maintenance (2.1 percent) and restaurants and hotels (3.6 percent).

The trimmed mean measure of core inflation increased from 3.0 to 3.2 percent, while inflation excluding administered prices remained unchanged at 1.8 percent.

 

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