Tanzania Inflation Rate  1999-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Tanzania increased 5.3 percent year-on-year in September of 2017, following a 5 percent rise in August. Prices advanced at a faster pace for: food and non-alcoholic beverages (9.3 percent compared to 8.6 percent in August); furnishings and household equipment (8.8 percent compared to 2.7 percent) and recreation and culture (1.9 percent compared to 1.3 percent). Meanwhile, prices increased at a slower pace for: housing and utilities (8.8 percent compared to 8.9 percent); miscellaneous goods & services (3.4 percent compared to 3.7 percent); health (1.9 percent compared to 2 percent). Inflation was steady for: clothing and footwear (3.4 percent); restaurants and hotels (-0.3 percent) and education (0.8 percent). In contrast, prices fell for transport (-0.3 percent compared to -0.6 percent) and communication (-1 percent compared to -1.1 percent). On a monthly basis, consumer prices were unchanged. Inflation Rate in Tanzania averaged 7.28 percent from 1999 until 2017, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3.40 percent in January of 2003.

Tanzania Inflation Rate
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Tanzania Inflation Rate at 8-Month Low of 5%


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).

National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
9/8/2017 2:23:26 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-09 10:30 AM Inflation Rate YoY 5.2% 5.4% 5.4%
2017-09-08 10:30 AM Inflation Rate YoY 5.0% 5.2% 5.8%
2017-10-09 10:30 AM Inflation Rate YoY 5.3% 5.0% 5.1%
2017-11-08 10:30 AM Inflation Rate YoY 5.3% 6%
2017-12-08 10:30 AM Inflation Rate YoY 6.1%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 5.30 5.00 19.80 3.40 percent [+]
Consumer Price Index CPI 108.48 108.46 109.26 58.89 Index Points [+]
Food Inflation 9.30 8.60 27.84 4.90 percent [+]
Producer Prices 116.30 116.50 118.80 103.60 Index points [+]
Inflation Rate Mom 0.02 -0.40 24.89 -2.88 percent [+]
Import Prices 118.70 119.50 119.50 100.00 Index points [+]
Export Prices 143.70 142.70 143.70 100.00 Index points [+]
CPI Transportation 99.57 99.37 100.74 75.59 Index Points [+]


Tanzania Inflation Rate

In Tanzania, the National Consumer Price Index (NCPI) measures the change over time in the cost of a fixed basket of goods and services that are purchased by a representative sample of households. The index weights are based on expenditures of both urban and rural households in the 25 geographic regions. The most important categories in the NCPI are Food and Non Alcoholic Beverages (38.5 percent of total weight); Transport (12.5 percent); Housing, Water, Electricity, Gas and Other Fuel (11.6 percent); Clothing and Footwear (8.3 percent) and Furnishing, Housing Equipment and Routine Maintenance of the House (6.3 percent). The index also includes: Communication (5.6 percent of total weight), Restaurants and Hotels (4.2 percent of total weight), Alcoholic Beverages and Tobacco (3.7 percent), Miscellaneous Goods and Services (3.1 percent), Health (2.9 percent), Recreation and Culture (1.6 percent) and Education (1.5 percent). This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.00 19.80 3.40 1999 - 2017 percent Monthly
2015=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.54 Sep/17
Canada 1.60 Sep/17
China 1.60 Sep/17
Euro Area 1.50 Sep/17
France 1.00 Sep/17
Germany 1.80 Sep/17
India 3.28 Sep/17
Indonesia 3.72 Sep/17
Italy 1.10 Sep/17
Japan 0.70 Aug/17
Mexico 6.35 Sep/17
Netherlands 1.50 Sep/17
Russia 3.00 Sep/17
South Korea 2.10 Sep/17
Spain 1.80 Sep/17
Switzerland 0.70 Sep/17
Turkey 11.20 Sep/17
United Kingdom 3.00 Sep/17
United States 2.20 Sep/17