Friday September 08 2017
Tanzania Inflation Rate at 8-Month Low of 5%
National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com

Consumer prices in Tanzania increased 5 percent year-on-year in August of 2017, following a 5.3 percent rise in July. It is the lowest inflation rate so far this year amid a slowdown in food and commodities prices.

Year-on-year, inflation slowed for food and non-alcoholic beverages (8.6 percent vs 8.9 percent in July); clothing and footwear (3.4 percent vs 3.8 percent); furnishing, housing equipment and routine maintenance of the house (2.7 percent vs 3.3 percent) and fell for transport (-0.6 percent compared to +0.1 percent), communication (-1.1 percent vs -1 percent) and restaurants and hotels (-0.3 percent vs 0.8 percent). On the other hand, prices rose faster for housing & utilities (8.9 percent vs 7.1 percent). 

Annual core inflation, which excludes food and energy was steady at 2.2 percent.

On a monthly basis, consumer prices fell 0.4 percent, following a 0.2 percent drop in July. Prices for food went down 1.3 percent, mainly dragged down by cost of rice (-1.2 percent); maize grains (-1.2 percent); maize flour (-1.6 percent); dried sardines (-3.4 percent); vegetables (-1.2 percent); beans (-3.2 percent); potatoes (-3.5 percent) and cooking bananas (-2.4 percent). Additional downward pressure came from prices of diesel (-2.2 percent), petrol (-2.4 percent) and electronic equipment (-1.6 percent).




Wednesday August 09 2017
Tanzania Inflation Rate Slows to 6-Month Low of 5.2%
National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

Consumer prices in Tanzania rose 5.2 percent year-on-year in July of 2017, easing from a 5.4 percent rise in the previous month. It is the lowest inflation rate since January this year, mainly due to a slowdown in prices of food and transport. On a monthly basis, consumer prices went down 0.2 percent, after declining 0.1 percent in June.

Year-on-year, cost slowed for food and non-alcoholic beverages (8.9 percent vs 9.6 percent in June); transport (0.1 percent vs 0.4 percent); alcoholic beverages & tobacco (2.4 percent vs 3 percent) and advanced at the same pace for housing & utilities (7.1 percent) and clothing and footwear (3.8 percent). In addition, prices declined for communication (-1 percent, the same pace as in June).

On the other hand, cost rose faster for: furniture & household equipment (3.3 percent vs 3.2 percent); restaurants & hotels (0.8 percent vs 0.7 percent); miscellaneous goods & services (4 percent vs 3.7 percent); health (2.4 percent vs 2.2 percent); recreation and culture (1 percent vs 0.8 percent) and education (0.9 percent vs 0.8 percent).

Annual core inflation, which excludes food and energy increased 2.2 percent, quickening from a 1.9 percent rise in the preceding month.

On a monthly basis, consumer prices went down 0.2 percent, following a 0.1 percent fall in June. The decrease is mainly attributed to lower prices of food, including rice (-1.2 percent); maize grains (-1.3 percent); maize flour (-3.9 percent); sorghum grain (-1.6 percent); sorghum flour (-2.4 percent); cassava flour (-6.1 percent); fresh fish (-2.3 percent); beans (-3.2 percent); cassava (-1.2 percent) and vegetables (-0.4 percent). Among non-food items are cooking gas (-2.1 percent) and firewood (-3.6 percent).


Monday July 10 2017
Tanzania Inflation Rate Slows To 5-Month Low of 5.4%
National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

Consumer prices in Tanzania rose 5.4 percent year-on-year in June of 2017, easing from 6.1 percent in the previous month. It is the lowest inflation rate since January, amid a slowdown in prices of food and transport. In June, grain exports were restricted to stem the rise in prices and to face food shortages, the main consequences of the severe drought. On a monthly basis, consumer prices went down 0.1 percent compared to a 0.2 percent increase in May.

Year-on-year, prices slowed for: food and non-alcoholic beverages (9.6 percent vs 11.6 percent in May); transport (0.4 percent vs 1.3 percent); restaurants and hotels (0.7 percent vs 0.9 percent); miscellaneous goods and services (3.7 percent vs 4 percent); health (2.2 percent vs 2.9 percent) and recreation and culture (0.8 percent vs 1.2 percent). In addition, cost increased at the same pace for furniture & household equipment (3.2 percent) and alcoholic beverages & tobacco (3 percent) and declined further for communication (-1 percent vs -0.8 percent).

In contrast, prices advanced faster for housing & utilities (7.1 percent vs 4.6 percent), clothing & footwear (3.8 percent vs 3.7 percent) and education (0.8 percent vs 0.7 percent).

Annual core inflation, which excludes food and energy increased 1.9 percent, easing from a 2.2 percent rise in the previous month.

On a monthly basis, consumer prices went down 0.1 percent, following a 0.2 percent gain in May, mainly attributed to a decrease in cost of maize grain (-5.1 percent); maize flour (-2.4 percent); cassava flour (-1.9 percent); oranges (-2.4 percent); sardines (-3.2 percent); vegetables (-5.7 percent); beans (-1.8 percent) and round potatoes (-6.2 percent).


Thursday June 08 2017
Tanzania Inflation Rate Slows To 3-Month Low of 6.1%
National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com

Consumer prices in Tanzania rose 6.1 percent year-on-year in May of 2017, easing from a 6.4 percent increase in the previous month. It was the lowest inflation rate since February, mainly due to a slowdown in cost of food, transport and utilities. On a monthly basis, consumer prices went up 0.2 percent compared to a 0.5 percent rise in April.

Year-on-year, prices went up at a slower pace for food and non-alcoholic beverages (11.6 percent vs 11.8 percent in April); transport (1.3 percent vs 1.9 percent), housing and utilities (4.6 percent vs 5.8 percent); clothing and footwear (3.7 percent vs 3.9 percent); alcoholic beverages and tobacco (3 percent vs 3.5 percent); miscellaneous goods and services (4 percent vs 4.3 percent) and recreation and culture (1.2 percent vs 1.3 percent). Also, cost of communication dropped further (-0.8 percent vs -0.5 percent).In contrast, prices rose faster for furnishings (3.2 percent vs 3.1 percent), restaurants and hotels (0.9 percent vs 0.8 percent) and health (2.9 percent vs 2.5 percent).

Annual core inflation, which excludes food and energy increased 2.2 percent from 2.3 percent.

On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.5 percent rise in April, partly derived from a 0.3 percent increase in cost of food and non-alcoholic beverages, of which maize flour (4.2 percent), green beans husked (2.9 percent), soya beans (2.2 percent), sorghum flour (1.5 percent), potatoes (2 percent), cassava (2.3 percent) and cocoyam (5.7 percent). Additional upward pressure came from clothing and footwear (0.4 percent) and housing, utilities and other fuel (0.7 percent), namely charcoal (0.6 percent). 


Monday May 08 2017
Tanzania Inflation Rate Steady At 6.4%
National Bureau of Statistics | Yekaterina Guchsina | yekaterina@tradingeconomics.com

Consumer prices in Tanzania increased 6.4 percent year-on-year in April of 2017, at the same pace as in the previous month. The inflation rate stayed at the highest level since January of 2016, as rising food cost was offset by slowing housing and utilities prices. On a monthly basis, consumer prices went up 0.5 percent.

Year-on-year, prices rose faster for food and non-alcoholic beverages (11.8 percent vs 11 percent in March); transport (1.9 percent vs 1.5 percent) and clothing and footwear (3.9 percent vs 3.4 percent). In contrast, cost increased less for housing and utilities (5.8 percent vs 6.8 percent); restaurants and hotels (0.8 percent vs 3.6 percent) and furnishings (3.1 percent vs 3.9 percent) and prices fell further for communication (-0.5 percent vs -0.1 percent). 

Annual core inflation, which excludes food and energy, was rose to 2.3 percent from 2.2 percent.  

On a monthly basis, consumer prices went up 0.5 percent, following 1.4 percent growth in March, boosted by a 1.3 percent increase in cost of food and non-alcoholic beverages, namely maize grains (4.8 percent), maize flour (7.1 percent), lentils (6.5 percent), round potatoes (4 percent), tomatoes (7.8 percent), coconut (6.9 percent), cassava (5.9 percent) and onions (3.5 percent). Additional upward pressure came from transport (0.4 percent), clothing and footwear (0.6 percent) and alcoholic beverages and tobacco (0.4 percent). 


Monday April 10 2017
Tanzania Inflation Rate At 14-Month High Of 6.4%
National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com

Consumer prices in Tanzania increased 6.4 percent year-on-year in March of 2017, following a 5.5 percent rise in February. It is the highest inflation rate since January of 2016, driven by higher food and transport cost.

Year-on-year, prices rose faster for food and non-alcoholic beverages (11 percent vs 8.7 percent in February); transport (1.5 percent vs 0.6 percent); clothing and footwear (3.4 percent vs 3.2 percent) and furnishing (3.9 percent vs 3.8 percent). In addition, prices fell less for communication (-0.1 percent vs -1.5 percent). In contrast, cost increased less for housing and utilities (6.8 percent vs 8.7 percent) and restaurants and hotels (3.6 percent vs 3.9 percent).

Annual core inflation, which excludes food and energy, was steady at 2.2 percent. 

On a monthly basis, consumer prices went up 1.4 percent, higher than 1 percent in February, boosted by a 2.8 percent increase in cost of food and non-alcoholic beverages, namely rice (4.7 percent); sugar (3.9 percent); maize flour (6.7 percent); sorghum grain (4.1 percent); cooking banana (4.6 percent); fresh cassava (7.7 percent); vegetables (4 percent) and dried sardines (3.2 percent). Additional upward pressure came from cooking gas (11.9 percent), petrol (4.6 percent) and diesel (3.2 percent). 


Wednesday March 08 2017
Tanzania Inflation Rate Rises To 5.5% In February
National Bureau of Statistics | Deborah Neves | deborah.neves@tradingeconomics.com

Consumer prices in Tanzania increased 5.5 percent year-on-year in February of 2017, following 5.2 percent rise in the previous month. It was the highest inflation rate since June of 2016 mainly boosted by rising prices for food.

Compared with February of 2016, prices went up faster for food and non-alcoholic beverages (8.7 percent from 7.6 percent in January). Additional upward pressure came from: housing and utilities (8.7 percent from 9.5 percent); alcoholic beverages and tobacco (5.2 percent from 5. Percent); restaurants and hotels (3.9 percent, the same as in January); furnishing equipment and maintenance of the house (3.8 percent from 3.3 percent) and clothing and footwear (3.2 percent from 3.4 percent).

Annual core inflation, which excludes food and energy, increased 2.2 percent compared to 2.3 percent in January of 2016. 

On a monthly basis, consumer prices advanced 1 percent, following a 0.8 percent gain in the previous month. Cost of food increased faster (2.3 percent from 1.6 percent), namely for rice (+4 percent), maize grains (+12.2 percent), maize flour (+10.1 percent), cooking banana (+9.5 percent) and beans (+6.7percent).


Wednesday February 08 2017
Tanzania Inflation Rate Rises To 5.2% In January
National Bureau of Statistics | Deborah Neves | deborah.neves@tradingeconomics.com

Consumer prices in Tanzania increased 5.2 percent year-on-year in January of 2017, following 5 percent rise in the previous month. It was the highest inflation rate since July mainly boosted by rising prices for food.

Compared with January of 2016, prices went up faster for food and non-alcoholic beverages (7.6 percent from 7 percent in December). Meanwhile, inflation rose at a slower pace for housing and utilities (9.5 percent from 9.9 percent); furnishing equipment and maintenance of the house (3.3 percent from 4 percent), clothing and footwear (3.4 percent from 3.7 percent), restaurants and hotels (3.9 percent from percent 4.2 percent) and alcoholic beverages and tobacco (5 percent from 5.1 percent).

Annual core inflation, which excludes food and energy, edged down to 2.3 percent from 2.5 percent in December of 2016. 

On a monthly basis, consumer prices rose 0.8 percent, following a 0.7 percent gain in the previous month. Cost of food increased 1.6 percent, at the same pace as in the previous month, namely for maize grains (+16 percent), maize flour (+10 percent), rice (+2.6 percent) and beans (+6.3 percent).


Monday January 09 2017
Tanzania Inflation Rate at 5-Month High of 5%
National Bureau of Statistics | Deborah Neves | deborah.neves@tradingeconomics.com

Tanzania's annual inflation rate rose to 5 percent in December of 2016 from 4.8 percent in the previous month. It was the highest inflation rate since July mainly boosted by prices of food.

Compared with December of 2015, prices increased at a faster pace for food and non-alcoholic beverages (+7 percent from +6.2 percent in November). In contrast, inflation eased for housing and utilities (+9.9 percent from +10.9 percent); furnishing equipment and maintenance of the house (+4 percent from +4.3 percent) and clothing and footwear (+3.7 percent from +3.9 percent), restaurants and hotels (+4.2 percent from percent +4.4 percent) and alcoholic beverages and tobacco (+5.1 percent from +5.6 percent)

Annual core inflation, which excludes food and energy, edged down to 2.5 percent from 2.6 percent in November.

On a monthly basis, consumer prices rose 0.7 percent, following a 1.1 percent gain in November. Cost of food rose at a slower 1.6 percent (+2.2 percent in the previous month).



Thursday December 08 2016
Tanzania Inflation Rate Rises To 4.8% YoY In November
National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com

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.