Core consumer prices in Tanzania increased 2.20 percent in May of 2020 over the same month in the previous year.
Core Inflation Rate in Tanzania averaged 4.09 percent from 2011 until 2020, reaching an all time high of 9.20 percent in August of 2012 and a record low of 1.30 percent in December of 2017. This page provides - Tanzania Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Core Inflation Rate - values, historical data and charts - was last updated on July of 2020.
Core Inflation Rate in Tanzania is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Tanzania to stand at 3.00 in 12 months time. In the long-term, the Tanzania Core Inflation Rate is projected to trend around 3.40 percent in 2021 and 3.83 percent in 2022, according to our econometric models.