Inflation in Botswana

Botswana Inflation | Economic News & Forecasts

Botswana - Inflation

Growth, in annual terms, slid to a two-year low in the second quarter (Q2: +3.1% year-on-year; Q2: +4.3% yoy), led by a marked contraction in the mining sector. The downturn in mining was underpinned by a fall in diamond production, largely owing to reduced output at the Orapa mine which was temporarily closed in April for maintenance works. Moreover, agricultural activity also swung to decline, while the manufacturing, utilities and transport sectors lost steam. Turning to the third quarter, prospects remained downbeat. Exports fell at the sharpest pace in over two years in July, primarily due to an almost 50% drop in overseas sales of diamonds. Moreover, business confidence fell in the quarter and thus likely weighed on private sector activity. Meanwhile, in politics, the Umbrella for Democratic Change (UDC), a coalition of opposition groups, has emerged as a strong contender to the ruling Botswana Democratic Party (BDP) in the 23 October presidential election, after joining forces with former President Ian Khama.

Botswana - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)5.9  4.4  3.1  2.8  3.3  

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Botswana Inflation Chart

Botswana Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Central Statistics Office of Botswana

Botswana Facts

Bond Yield4.960.23 %Sep 04
Exchange Rate10.93-0.31 %Sep 04
Stock Market1.30.0 %Sep 03

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