Inflation in Botswana

Botswana Inflation | Economic News & Forecasts

Botswana - Inflation

The 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

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)3.1  2.8  3.3  3.2  2.8  

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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

Value Change Date
Bond Yield5.060.23 %Dec 31
Exchange Rate10.58-0.31 %Dec 31
Stock Market1.20.0 %Dec 30

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