Inflation in Botswana
Botswana - InflationThe Covid-19 pandemic seems to have stopped the economy in its tracks in the first half of this year, after growth slumped to a two-and-a-half year low at the end of. The external sector appears to have been particularly hard hit: The inflow of international tourists all but dried up through late May amid widespread travel restrictions, while activity in the all-important diamond industry collapsed. Faltering international demand for diamonds, coupled with falling Botswanan output due to lockdown measures and compromised global supply chains, likely eviscerated the country’s exports through to the end of May. Meanwhile, both household spending and investment activity likely slipped in the same period, owing to strict lockdown restrictions and deteriorating business sentiment. Economic backdrop is set to improve somewhat in June after the government began gradually easing lockdown restrictions in mid-May.
Botswana - Inflation Data
|Inflation Rate (CPI, annual variation in %)||3.1||2.8||3.3||3.2||2.8|
5 years of economic forecasts for more than 30 economic indicators.
Botswana Inflation Chart
Source: Central Statistics Office of Botswana
|Bond Yield||5.06||0.23 %||Dec 31|
|Exchange Rate||10.58||-0.31 %||Dec 31|
|Stock Market||1.2||0.0 %||Dec 30|
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