Inflation in January came in at 9.3%, down from December’s 12.4% but remaining well above the Central Bank’s 3.0–6.0% target range. December’s notable decline was mainly driven by easing transport price pressures. Inflation is expected to ease in 2023 as a whole but to average above the Central Bank’s target.
Botswana Inflation (CPI, ann. var. %, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, eop) | 3.2 | 3.5 | 2.2 | 2.2 | 8.7 |