{"id":4538,"date":"2023-05-10T09:33:07","date_gmt":"2023-05-10T07:33:07","guid":{"rendered":"https:\/\/evokedigital.co.bw\/blog\/?p=4538"},"modified":"2023-05-10T09:33:11","modified_gmt":"2023-05-10T07:33:11","slug":"20-things-that-have-become-more-expensive-in-botswana","status":"publish","type":"post","link":"https:\/\/evokedigital.co.bw\/blog\/others\/20-things-that-have-become-more-expensive-in-botswana\/","title":{"rendered":"20 things that have become more expensive in Botswana"},"content":{"rendered":"\n

Like many other nations, Botswana is struggling to deal with the problem of growing inflation. According to the most recent consumer price index statistics, Botswana’s inflation rate rose to 5.2% in May 2023, above the Bank of Botswana’s goal range’s midpoint. The cost of living for Batswana has significantly increased as this reading is the highest since November 2018. Numerous variables, including rising food prices, notably for commodities like sunflower oil, tomatoes, and dried beans, as well as rising fuel prices, are to blame for the inflationary spike. Impacting both household purchasing power and broader economic growth are these inflationary pressures. We examine the specifics of Botswana’s inflation situation, its effects on consumers, and the prospects for the country in this article.<\/p>\n\n\n\n

According to Statistics Botswana’s announcement of the consumer price index for May 2023, the annual headline inflation rate has risen from 4.4% in April to 5.2%, exceeding the 4.5% midpoint of the Bank of Botswana’s monetary policy target range.<\/p>\n\n\n\n

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