Consumers hard-hit as inflation bites

BAKANG TIRO editors@thepatriot.co.bw The annual inflation rate has jumped to 12.7 per cent in June from 11.9 per cent in May – a 0.8% percentage point surge. According to Statistics Botswana, the significant upward pressure on annual inflation was increasing prices for the major components in the consumer Price Index (CPI) basket. Statistics Botswana said…