Tanzania Inflation Rate Up to 5.2% in May


Annual inflation in Tanzania increased slightly to 5.2 percent in May of 2016 from a 1-year low of 5.1 percent in the previous month. The rise was mainly driven by increase in cost of food, transport and housing and utilities.

Compared to May 2015, prices  of housing, water, electricity gas and other fuels (8.8 percent from 7 percent) rose at a faster pace, while cost of food and non-alcoholic beverages (7 percent from 7.1 percent in April) and transport (1.6 percent from 2 percent) went up at a slower pace. Other upward pressure came from: clothing and footwear (4.5 percent from 4.3 percent); furnishing, housing equipment and routine maintenance (4.4 percent from 4.9 percent); restaurants and hotels (4.9 percent from 4.8 percent); alcoholic beverages and tobacco (4.9 percent from 4.1 percent); miscellaneous goods and services (3.9 percent from 3.9 percent); recreation and culture (3.9 percent from 4.1 percent) and education (2.7 percent from 2.6 percent). On the other hand, cost of communication fell -0.6 percent from 1 percent drop in the previous month.

Annual core inflation rate was recorded at 3  percent, unchanged from  the previous month.

On a monthly basis, consumer prices went up 0.5 percent, rising at the same pace as in April. Cost of transport (+0.2 percent from +0.1 percent) and housing and utilities (+1.8 percent from +0.2 percent) went up at a faster pace, while food and non-alcoholic beverages (+0.5 percent from +0.5 percent) rose at the same pace as in April.

Tanzania Inflation Rate Up to 5.2% in May


National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
6/10/2016 12:40:28 PM