Tanzania Inflation at 10-Month Low


Consumer prices in Tanzania went up 5.4 percent year-on-year in March of 2016 following a 5.6 percent rise in February. It is the lowest figure since May 2015, mainly due to a slowdown in food inflation.

Compared to March 2015, cost of food and non-alcoholic beverages (8.3 percent from 9.5 percent in February) and clothing and footwear (4.2 percent from 4.5 percent in February) rose at a slower pace and communication fell 1 percent (+0.4 percent). In contrast, prices of transport (2.6 percent from 2 percent) and housing, water, electricity gas and other fuels (5.5 percent  from 0.8 percent in February) rose at a faster pace. 

Annual core inflation rate was recorded at 2.8 percent, up from 2.5 percent in the previous month.

On a monthly basis, consumer prices increased 0.5 percent, as cost of food and non-alcoholic beverages (+0.7 percent) and housing and utilities (+2.5 percent) increased the most. In contrast, prices of transport (-0.5 percent); communication (-1.4 percent) and miscellaneous goods and services (-0.2 percent) went down, while prices for clothing and footwear and education were flat. 

National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
4/20/2016 2:39:27 PM