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Friday, December 18, 2009
Inflation drops to 5%
The national year inflation, measured by the Consumer Price Index (CPI) was 5% in November, down by 1.9% from the 6.9% in October. Inflation has now reached a year low. Now, all eyes are glued to the central bank to see if they would reduce the bank rates from 11%. The inflation has been on a downward trajectory from 12.8% in January to 5% in November following reduced international fuel prices and stable food prices.
The towns and cities inflation went down by 1.3% from 5.8% in October to 4.5% and urban villages inflation rate fell by 1.8% from 6.9 to 5.1% between the two months. The rural villages inflation rate was 6% in November, down by 3.5% on the October rate of 9.5%. The November national CPI increased by 0.3% to 130.7 as all group indices showed stable movements between October and November with clothing and footwear recording a change of 0.8%, restaurants and hotels (0.8%), furnishing, household equipment and routine maintenance (0.7%) and alcohol and tobacco (0.5%).
Meanwhile, all-tradeables inflation rate for November was 4.1%, down by 2% on the October rate of 6.1%.Non-tradeables inflation rate was 8.3% in November up by 0.1% on the October rate of 8.2%. The domestic tradeables inflation rate went down by 10.6% from 13.9 to 3.3% and the Imported tradeables inflation rate increased by 1.4% between October and November, from 1.9 to 3.3%.
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The towns and cities inflation went down by 1.3% from 5.8% in October to 4.5% and urban villages inflation rate fell by 1.8% from 6.9 to 5.1% between the two months. The rural villages inflation rate was 6% in November, down by 3.5% on the October rate of 9.5%. The November national CPI increased by 0.3% to 130.7 as all group indices showed stable movements between October and November with clothing and footwear recording a change of 0.8%, restaurants and hotels (0.8%), furnishing, household equipment and routine maintenance (0.7%) and alcohol and tobacco (0.5%).
Meanwhile, all-tradeables inflation rate for November was 4.1%, down by 2% on the October rate of 6.1%.Non-tradeables inflation rate was 8.3% in November up by 0.1% on the October rate of 8.2%. The domestic tradeables inflation rate went down by 10.6% from 13.9 to 3.3% and the Imported tradeables inflation rate increased by 1.4% between October and November, from 1.9 to 3.3%.
US rolls back AIDS drug prevention trial in Botswana
"They will give up on a trial in Botswana that was trying to show whether it is possible to prevent HIV infections by taking a daily pill because too few people are being infected."
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Govt Reporters Told to Put Up Or Shut Up? (Page 1 of 1)
"'We were told that the code of ethics, introduced by the former Minister of Communications, Science and Technology, Pelonomi Venson-Moitoi, a few years ago, is irrelevant to us because we are guided by the General Orders,' said the employee. The department was recently relocated to the Presidential Affairs and Public Administration ministry, Office of the President (OP)."
Wednesday, December 16, 2009
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