Tanzania Inflation Rate

The annual inflation rate in Tanzania ticked up to 3.2 percent in April 2019 from 3.1 percent in the previous month. It is the highest inflation rate since December, mainly driven by rising food prices. Inflation Rate in Tanzania averaged 6.99 percent from 1999 until 2019, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3 percent in November of 2018.

Inflation Rate in Tanzania is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Tanzania to stand at 4.10 in 12 months time. In the long-term, the Tanzania Inflation Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-02-08	11:10 AM	Inflation Rate YoY	3%	3.3%	3.3%
2019-03-08	11:00 AM	Inflation Rate YoY	3%	3%	3.1%
2019-04-08	11:00 AM	Inflation Rate YoY	3.1%	3%	3.0%
2019-05-08	10:00 AM	Inflation Rate YoY	3.2%	3.1%	3.0%
2019-06-10	10:30 AM	Inflation Rate YoY		3.2%	3.2%
2019-07-08	11:15 AM	Inflation Rate YoY			3.4%
2019-08-08	11:00 AM	Inflation Rate YoY

Tanzania Inflation Rate at 4-Month High in April

The annual inflation rate in Tanzania ticked up to 3.2 percent in April 2019 from 3.1 percent in the previous month. It is the highest inflation rate since December, mainly driven by rising food prices.

Year-on-year, inflation quickened for food & non-alcoholic beverages (0.9 percent vs 0.1 percent in March); clothing & footwear (3.6 percent vs 3.4 percent) and restaurants & hotels (4.9 percent vs 4.8 percent); health (2.2 percent vs 1.8 percent); recreation & culture (0.6 percent vs 0.3 percent) and education (2.1 percent vs 1.9 percent)

On the other hand, prices slowed for housing & utilities (11.4 percent vs 13 percent); transport (3.4 percent vs 4.1 percent); furnishings (4.2 percent vs 4.3 percent); miscellaneous goods & services (2.7 percent vs 3.1 percent). In addition, cost fell for communication (-1.1 percent vs -1.2 percent).

On a monthly basis, consumer prices went up 0.5 percent, slowing from a 1.4 percent rise in the prior month. Price increases were observed for both food and non-food items, of which rice (1.1 percent); maize flour (1.4 percent); sardines (4.4 percent); fruits (2.8 percent); peas (4.2 percent); round potatoes (1.5 percent); fresh cassava (4.1 percent) and sweet potatoes (2.1 percent). On the other hand, non-food items that contributed the most for the monthly rise included diesel (3.2 percent); second hand garments for men (1.1 percent); maintenance and repair of sewage systems (2.6 percent) and dental services (1.8 percent).

Annual core inflation, which excludes food and energy, eased to 3.6 percent from 3.7 percent in the preceding month.

Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/8/2019 6:18:16 PM

News

Tanzania Inflation Rate Ticks Up to 3.1% in March
The annual inflation rate in Tanzania rose slightly to 3.1 percent in March 2019 from 3.0 percent in the previous month, mainly due to higher prices for transport and housing & utilities.
Published on 2019-04-08

Tanzania Inflation Rate Steady at 3% in February
The annual inflation rate in Tanzania stood at 3 percent in February of 2019, unchanged from the previous month. Prices slowed for food and transport while rose faster for housing & utilities.
Published on 2019-03-08

Tanzania Inflation Rate Edges Down to 3% in January
The annual inflation rate in Tanzania eased to 3 percent in January 2019 from 3.3 percent in the previous month. Softer inflation was seen mainly for food, transport & housing & utilities.
Published on 2019-02-08

Tanzania Annual Inflation Rate at 3-Month High in December
The annual inflation rate in Tanzania rose to 3.3 percent in December of 2018 from 3.0 percent in the previous month. It was the highest inflation rate since September, driven by higher cost of food and non-alcoholic beverages.
Published on 2019-01-08

Tanzania Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	3.20	3.10	19.80	3.00	percent	[+]
Consumer Price Index CPI	116.82	116.23	116.82	58.89	Index Points	[+]
Food Inflation	0.90	0.10	27.84	0.10	percent	[+]
Import Prices	101.20	101.30	119.50	96.70	Index points	[+]
Producer Prices	123.70	124.50	124.50	103.60	Index points	[+]
Producer Prices Change	2.60	5.20	14.70	-3.00	percent	[+]
Inflation Rate Mom	0.50	1.40	24.89	-2.88	percent	[+]
Export Prices	102.00	101.50	142.70	96.80	Index points	[+]
Cpi Housing Utilities	141.77	141.65	141.77	51.88	Index Points	[+]
CPI Transportation	105.87	105.67	105.87	75.59	Index Points	[+]
Core Consumer Prices	108.68	108.48	108.68	74.03	Index Points	[+]
Core Inflation Rate	3.60	3.70	9.20	1.30	percent	[+]

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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.20	3.10	19.80	3.00	1999 - 2019	percent	Monthly	2015=100

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Country	Last		Previous	Range
Argentina	55.80	Apr/19	54.7	20263 : -7	%
Australia	1.30	Mar/19	1.8	23.9 : -1.3	%
Brazil	4.94	Apr/19	4.58	6821 : 1.65	%
Canada	2.00	Apr/19	1.9	21.6 : -17.8	%
China	2.50	Apr/19	2.3	28.4 : -2.2	%
Euro Area	1.70	Apr/19	1.4	5 : -0.6	%
France	1.30	Apr/19	1.1	18.8 : -0.7	%
Germany	2.00	Apr/19	1.3	11.54 : -7.62	%
India	2.92	Apr/19	2.86	12.17 : 1.54	%
Indonesia	2.83	Apr/19	2.48	82.4 : -1.17	%
Italy	1.10	Apr/19	1	25.64 : -0.6	%
Japan	0.90	Apr/19	0.5	24.9 : -2.5	%
Mexico	4.41	Apr/19	4	180 : 2.13	%
Netherlands	2.90	Apr/19	2.8	11.19 : -1.3	%
Russia	5.20	Apr/19	5.3	2333 : 2.2	%
Saudi Arabia	-1.90	Apr/19	-2.1	11.1 : -2.2	%
Singapore	0.80	Apr/19	0.6	34 : -3.1	%
South Africa	4.40	Apr/19	4.5	20.7 : 0.2	%
South Korea	0.60	Apr/19	0.4	32.5 : 0.2	%
Spain	1.50	Apr/19	1.3	28.43 : -1.37	%
Switzerland	0.70	Apr/19	0.7	11.92 : -1.4	%
Turkey	19.50	Apr/19	19.71	139 : -4.01	%
United Kingdom	2.10	Apr/19	1.9	8.5 : -0.1	%
United States	2.00	Apr/19	1.9	23.7 : -15.8	%