The annual inflation rate in Tanzania dropped to 3.2 percent in October 2018 from 3.4 percent in the previous month. It was the lowest inflation rate on record, mainly due to lower cost of food and non-alcoholic beverages. Inflation Rate in Tanzania averaged 7.09 percent from 1999 until 2018, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3.20 percent in October of 2018.

Tanzania Inflation Rate
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Tanzania Inflation Rate Lowest on Record


The annual inflation rate in Tanzania dropped to 3.2 percent in October 2018 from 3.4 percent in the previous month. It was the lowest inflation rate on record, mostly due to lower cost of food and non-alcoholic beverages.

Year-on-year, prices increased at softer pace for food & non-alcoholic beverages (1.2 percent compared to 2.0 percent in September); furnishings & household equipment (2.8 percent compared to 3.0 percent) and education (2.4 percent compared to 2.5 percent); and fell further for communication (-2.7 percent compared to -2.6 percent) and recreation & culture (-1.0 percent compared to -0.2 percent). 

On the other hand, cost advanced faster for transport (3 percent compared to 2.8 percent); housing & utilities (14.1 percent compared to 13.1 percent); clothing & footwear (3.4 percent compared to 3.2 percent) and miscellaneous goods & services (1.6 percent compared to 1.3 percent). Additionally, inflation was steady at 1.9 percent for both restaurants & hotels and alcoholic beverages & tobacco. 

On a monthly basis, consumer prices edged down 0.3 percent, following a 0.1 percent gain in the prior month. Prices declined further for food & non-alcoholic beverages (-1.0 percent compared to -0.6 percent in September); and dropped for communication (-0.1 percent compared to 0.1 percent) and recreation & culture (-0.5 percent compared to 0.2 percent).

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


National Bureau of Statistics | Gabriela Costa | gabriela.costa@tradingeconomics.com
11/8/2018 11:37:37 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 01:00 PM Inflation Rate YoY 3.3% 3.3% 3.0%
2018-10-08 11:00 AM Inflation Rate YoY 3.4% 3.3% 3.2%
2018-11-08 10:45 AM Inflation Rate YoY 3.2% 3.4% 3.3%
2018-12-10 10:30 AM Inflation Rate YoY 3.2% 2.7%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 3.20 3.40 19.80 3.20 percent [+]
Consumer Price Index CPI 111.88 112.12 113.24 58.89 Index Points [+]
Food Inflation 1.20 2.00 27.84 1.20 percent [+]
Producer Prices 124.50 118.90 124.50 103.60 Index points [+]
Inflation Rate Mom -0.30 0.10 24.89 -2.88 percent [+]
Import Prices 101.20 101.30 119.50 96.70 Index points [+]
Export Prices 102.00 101.50 142.70 96.80 Index points [+]
Cpi Housing Utilities 134.78 133.95 134.78 51.88 Index Points [+]
CPI Transportation 102.86 102.38 102.86 75.59 Index Points [+]
Core Consumer Prices 106.05 105.93 106.05 74.03 Index Points [+]
Core Inflation Rate 2.30 2.20 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.40 19.80 3.20 1999 - 2018 percent Monthly
2015=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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