Tanzania Inflation Rate  1999-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Tanzania fell to 3.3 percent in July of 2018 from 3.4 percent in the previous month. It was the lowest inflation rate since series began in 1999, mainly due to prices of food and non-alcoholic beverages and miscellaneous goods and services. Inflation Rate in Tanzania averaged 7.15 percent from 1999 until 2018, 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 Falls to Fresh Low in July


The annual inflation rate in Tanzania fell to 3.3 percent in July of 2018 from 3.4 percent in the previous month. It was the lowest inflation rate since series began in 1999, mainly due to prices of food and non-alcoholic beverages and miscellaneous goods and services.

Year-on-year, cost eased for food & non-alcoholic beverages (2.8 percent compared to 3.4 percent in June); miscellaneous goods & services (1.2 percent compared to 1.4 percent); education (2.5 percent compared to 2.6 percent) and recreation & culture (0.4 percent compared to 0.5 percent). Additionally, prices of communication dropped faster (-2.7 percent compared to -2.6 percent). 

On the other hand, cost increased further for transport (2.5 percent compared to 1.7 percent); housing & utilities (12.3 percent compared to 12.0 percent); clothing & footwear (2.4 percent compared to 2.2 percent); furnishings & household equipment (2.6 percent compared to 2.4 percent); restaurants & hotels (0.8 percent compared to 0.7 percent) and alcoholic beverages & tobacco (0.8 percent compared to 0.3 percent).

On a monthly basis, consumer prices declined 0.3 percent, after falling 0.4 percent in June. Main downward pressure came from food and non-alcoholic beverages (-1.3 percent); health (-0.5 percent) and communication (-0.1 percent).

Annual core inflation, which excludes food and energy, stood at 1.6 percent, the same as in June.


National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
8/9/2018 11:37:08 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-08 10:30 AM Inflation Rate YoY 3.6% 3.8% 3.7%
2018-07-09 11:15 AM Inflation Rate YoY 3.4% 3.6% 3.7%
2018-08-09 11:00 AM Inflation Rate YoY 3.3% 3.4% 3.5%
2018-09-10 10:30 AM Inflation Rate YoY 3.3% 3.6%
2018-10-08 10:30 AM Inflation Rate YoY 3.7%
2018-11-08 10:50 AM Inflation Rate YoY 3.6%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 3.30 3.40 19.80 3.30 percent [+]
Consumer Price Index CPI 112.44 112.81 113.24 58.89 Index Points [+]
Food Inflation 2.80 3.40 27.84 2.60 percent [+]
Producer Prices 124.50 118.90 124.50 103.60 Index points [+]
Inflation Rate Mom -0.30 -0.40 24.89 -2.88 percent [+]
Import Prices 101.30 100.00 119.50 96.70 Index points [+]
Export Prices 101.50 100.00 142.70 96.80 Index points [+]
Cpi Housing Utilities 129.05 128.50 130.36 51.88 Index Points [+]
CPI Transportation 102.04 101.25 102.38 75.59 Index Points [+]
Core Consumer Prices 105.38 105.14 105.38 74.03 Index Points [+]
Core Inflation Rate 1.60 1.60 9.20 1.30 percent [+]


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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.40 19.80 3.30 1999 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 2.10 Jun/18
Brazil 4.48 Jul/18
Canada 3.00 Jul/18
China 2.10 Jul/18
Euro Area 2.10 Jul/18
France 2.30 Jul/18
Germany 2.00 Jul/18
India 4.17 Jul/18
Indonesia 3.18 Jul/18
Italy 1.50 Jul/18
Japan 0.70 Jun/18
Mexico 4.81 Jul/18
Netherlands 2.10 Jul/18
Russia 2.50 Jul/18
South Korea 1.50 Jul/18
Spain 2.20 Jul/18
Switzerland 1.20 Jul/18
Turkey 15.85 Jul/18
United Kingdom 2.50 Jul/18
United States 2.90 Jul/18


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