Tanzania Inflation Rate Steady at 4.5% in October

Consumer prices in Tanzania rose 4.5 percent in October of 2016, the same pace as in the month earlier. The inflation rate stayed at the lowest level since April 2015, as food and non-alcoholic cost went up at the same pace as in September.

Compared to October 2015, prices increased for food and non-alcoholic beverages (6 percent the same as in September);followed by housing, water, electricity gas and other fuels (7.4 percent from 6.5 percent); clothing and footwear (3.8 percent from 4.2 percent); furnishing, housing equipment and routine maintenance (3.6 percent from 3.5 percent); communication (+1.5 percent from -0.4 percent); restaurants and hotels (4.3 percent from 5.2 percent); alcoholic beverages and tobacco (5.3 percent the same as in September); miscellaneous goods and services (3.2 percent from 3.3 percent); recreation and culture (1.5 percent from 1.2 percent) and education (2.9 percent the same as in September). By contrast, cost of transport dropped (-0.7 percent from -0.8 percent) 

Annual core inflation rate remained steady at 2.4 percent in October.

On a monthly basis, consumer prices rose slightly by 0.1 percent following a 0.2 percent decline in a month earlier. Prices went up for food and non-alcoholic beverages (+0.2 percent from -1 percent) and housing and utilities (+0.9 percent from +1.5 percent), while prices of transport barely changed from a 0.1 percent decrease.

National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
11/8/2016 2:24:39 PM