Tanzania Inflation Rate Rises To 4.8% YoY In November


Tanzania's annual inflation rate rose to 4.8 percent in November 2016 from 4.5 percent in the previous month, boosted by higher prices of food, such as maize and fish, transport and housing.

Compared with November 2015, prices increased at a faster pace for food and non-alcoholic beverages (+6.2 percent from +6 percent in October), transport (+0.7 percent from +0.1 percent) and housing and utilities (+10.9 percent from +7.2 percent). Additional upward pressure came from: Clothing and footwear (+3.9 percent from +3.8 percent); furnishing, housing equipment and routine maintenance of the house (+4.3 percent from +3.6 percent); and restaurants and hotels (+4.4 percent from +4.3 percent). By contrast cost of communication fell 0.6 percent (-0.7 percent in October).
 
Annual core inflation, which excludes food and energy, rose to 2.6 percent from 2.4 percent in October.

On a monthly basis, consumer prices jumped 1.1 percent, following a 0.1 percent rise in October, mainly boosted by a 2.2 percent gain in prices of food.

Tanzania Inflation Rate Rises To 4.8% YoY In November


National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/8/2016 12:06:30 PM