Tanzania Inflation Rate at 5-Month High of 5.5% in June


Annual inflation in Tanzania rose to 5.5 percent in June of 2016 from 5.2 percent in the previous month. It was the highest reading since February 2016, mainly boosted by food cost.

Compared to June 2015, prices went up for food and non-alcoholic beverages (8.1 percent from 7 percent in May); transport (1.3 percent from 1.6 percent) and housing, water, electricity gas and other fuels (7.6 percent from 8.8 percent). Other upward pressure came from: clothing and footwear (4.6 percent from 4.5 percent); furnishing, housing equipment and routine maintenance (4.2 percent from 4.4 percent); restaurants and hotels (5.3 percent from 4.9 percent); alcoholic beverages and tobacco (4.9 percent from 4.9 percent); miscellaneous goods and services (3.7 percent from 3.9 percent); recreation and culture (5.3 percent from 3.9 percent) and education (2.7 percent from 2.7 percent). In contrast, cost of communication fell -0.6 percent at the same pace as 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 as the same pace as in May. Cost rose for food and non-alcoholic beverages (+1.1 percent from +0.5 percent) and transport (+0.4 percent from +0.2 percent) while prices fell for housing and utilities (-1.1 percent from +1.8 percent).


Tanzania Inflation Rate at 5-Month High of 5.5% in June


National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
7/8/2016 2:51:44 PM