AMI 18 May 2021: Botswana and Nigeria inflation prints and oil prices
Africa Markets Podcast
English - May 18, 2021 06:15 - 3 minutes - 3.44 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Botswana: Botswana’s annual price growth skyrocketed to 5.6% y/y in April, compared to 3.2% y/y recorded in March — the highest inflation level recorded since August 2013. This sharp rise follows the implementation of several supply-side changes, such as the increase in VAT (from 12% to 14%); the introduction of a sugar-tax; a 3.0% increase in electricity tariffs; as well as an increase in the fuel levy by P1.00, that were effected on 1 April 2021.
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Botswana: Botswana’s annual price growth skyrocketed to 5.6% y/y in April, compared to 3.2% y/y recorded in March — the highest inflation level recorded since August 2013. This sharp rise follows the implementation of several supply-side changes, such as the increase in VAT (from 12% to 14%); the introduction of a sugar-tax; a 3.0% increase in electricity tariffs; as well as an increase in the fuel levy by P1.00, that were effected on 1 April 2021.
See omnystudio.com/listener for privacy information.