Tanzania Inflation Rate at 1 Year Low


Annual inflation in Tanzania slowed to 5.1 percent in April of 2016 from 5.4 percent in the previous month. It was the lowest reading since April 2015, led by slower rise in cost of food and transport.

Compared to April 2015, cost of food and non-alcoholic beverages (7.1 percent from 8.3 percent in March) and transport (2 percent from 2.6 percent). Other upward pressure came from housing, water, electricity gas and other fuels (7 percent from 5.5 percent); clothing and footwear (4.3 percent from 4.2 percent); furnishing, housing equipment and routine maintenance (4.9 percent from 3.8 percent); restaurants and hotels (4.8 percent from 2.8 percent); alcoholic beverages and tobacco (4.1 percent from 2.1 percent); miscellaneous goods and services (3.9 percent from 3.6 percent); recreation and culture (4.1 percent from 4.1 percent) and education (2.6 percent from 2.6 percent). In contrast, cost of communication fell 1 percent, at the same pace as in March.

Annual core inflation rate was recorded at 3  percent, up from 2.8 percent in the previous month.

On a monthly basis, consumer prices increased 0.5 percent, rising at the same pace as in March. Prices of transport (+0.1 percent from -0.5 percent) rose at a faster pace, while cost of food and non-alcoholic beverages (+0.5 percent from +0.7 percent) and housing and utilities (+0.2 percent from +2.5 percent).


Tanzania Inflation Rate at 1 Year Low


National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
5/10/2016 10:53:31 AM