Tanzania’s annual inflation rate stood at 4 percent in October of 2021, unchanged from the previous month, the highest since February of 2018. Upward pressure came mostly from prices of transport (5.6 percent vs 5.9 percent in September); restaurants and hotels (5 percent, the same as in the previous month); clothing & footwear (4.9 percent vs 4.8 percent) and food & non-alcoholic beverages (3.9 percent vs 4 percent). On a monthly basis, consumer prices were down 0.1 percent, the same pace as in the previous month. source: National Bureau of Statistics (NBS) - Tanzania

Inflation Rate in Tanzania averaged 6.61 percent from 1999 until 2021, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3 percent in November of 2018. This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Inflation Rate in Tanzania is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Inflation Rate is projected to trend around 3.30 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Tanzania Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 11:00 AM Sep 4% 3.8% 3.7%
2021-11-08 11:10 AM Oct 4% 4% 3.8%
2021-12-08 11:00 AM Nov 4% 3.9%


Related Last Previous Unit Reference
Inflation Rate 4.00 4.00 percent Oct/21
Consumer Price Index CPI 103.79 103.87 points Oct/21
Food Inflation 3.90 4.00 percent Oct/21
Inflation Rate Mom -0.10 -0.10 percent Oct/21
CPI Transportation 104.05 104.05 points Oct/21
CPI Housing Utilities 104.25 104.59 points Oct/21
Core Inflation Rate 4.50 4.60 percent Oct/21
Core Consumer Prices 104.44 104.50 points Oct/21
Import Prices 103.10 101.90 points Jun/21
Export Prices 109.40 108.50 points Jun/21

News Stream
Tanzania Inflation Rate Steady at Over 3-½-Year High
Tanzania’s annual inflation rate stood at 4 percent in October of 2021, unchanged from the previous month, the highest since February of 2018. Upward pressure came mostly from prices of transport (5.6 percent vs 5.9 percent in September); restaurants and hotels (5 percent, the same as in the previous month); clothing & footwear (4.9 percent vs 4.8 percent) and food & non-alcoholic beverages (3.9 percent vs 4 percent). On a monthly basis, consumer prices were down 0.1 percent, the same pace as in the previous month.
2021-11-08
Tanzania Inflation Rate at Over 3-½-Year High
Tanzania’s annual inflation rate rose to 4 percent in September of 2021, from 3.8 percent in the previous month. It was the highest inflation rate since February 2018, mainly boosted by prices of food & non-alcoholic beverages (4 percent vs 3.6 percent in August); transport (5.9 percent vs 5.7 percent); restaurants & hotels (5 percent, the same pace as in August) and recreation & culture (4.1 percent vs 2.3 percent). On the other hand, costs slowed slightly for housing & utilities (4.1 percent vs 4.2 percent). On a monthly basis, consumer prices edged down 0.1 percent, after a 0.5 drop in August.
2021-10-08
Tanzania Inflation Rate Steady at 3.8% in August
Tanzania’s annual inflation rate stood at 3.8 percent in August of 2021, unchanged from the previous month. Prices continued to advance mostly for housing & utilities (4.2 percent vs 3.5 percent in July), transport (5.7 percent vs 4.3 percent), clothing & footwear (4.7 percent vs 4.5 percent), and furnishings (3.1 percent vs 2.9 percent), while costs slowed for food & non-alcoholic beverages (3.6 percent vs 5.1 percent) . On a monthly basis, consumer prices edged down 0.5 percent, after remaining flat in July.
2021-09-08

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).