The annual inflation rate in Tanzania remained unchanged at 3.8 percent in December 2019, its highest level since April 2018. Prices rose faster primarily for food & non-alcoholic beverages (6.3 percent vs 6.1 percent in November); transport (0.8 percent vs 0.4 percent) and housing & utilities (4.4 percent vs 3.7 percent). Meanwhile, inflation softened for clothing & footwear (2.2 percent vs 2.3 percent); furnishings (2.7 percent vs 3.9 percent); restaurants & hotels (3.2 percent vs 4 percent); alcoholic beverages & tobacco (0.6 percent vs 1.3 percent); furnishings (2.7 percent vs 3.9 percent) and health (1.5 percent vs 1.8 percent). Meantime, cost advanced at the same pace for recreation & culture (1.4 percent) and education (1.6 percent). On a monthly basis, consumer prices went up 0.6 percent, after rising 0.5 percent in the prior month. The slight uptick in monthly inflation was attributed to the price increase for both food and non-food items.

Inflation Rate in Tanzania averaged 6.88 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. This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Bureau of Statistics (NBS) - Tanzania

Inflation Rate in Tanzania is expected to be 3.30 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 3.60 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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Tanzania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.80 19.80 3.00 1999 - 2019 percent Monthly
2015=100

Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 11:00 AM Sep 3.4% 3.6% 3.7%
2019-11-11 10:40 AM Oct 3.6% 3.4% 3.3%
2019-12-10 10:30 AM Nov 3.8% 3.6% 3.3%
2020-01-08 10:30 AM Dec 3.8% 3.8% 4.0%
2020-02-10 11:00 AM Jan 3.8% 3.7%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-10
Tanzania Inflation Rate at Over 1-1/2-Year High
The annual inflation rate in Tanzania increased to 3.8 percent in November 2019 from 3.6 percent in the previous month. It was the highest inflation rate since April 2018, amid rising prices of food.

2019-11-11
Tanzania Inflation Rate Ticks Up to 3.6%
The annual inflation rate in Tanzania rose to 3.6 percent in October 2019 from 3.4 percent in the previous month, as prices advanced faster for food. Meanwhile, cost slowed for non-food products. On a monthly basis, consumer prices decreased 0.1 percent, the same pace as in the previous month.

2019-10-08
Tanzania Inflation Rate at 5-Month Low of 3.4%
The annual inflation rate in Tanzania eased to 3.4 percent in September 2019, its lowest in five months, from 3.6 percent in the previous month. Prices slowed for non-food products while rose faster for food.

2019-09-09
Tanzania Inflation Rate Slows to 3.6% in August
The annual inflation rate in Tanzania decreased to 3.6 percent in August 2019 from 3.7 percent in the prior month, as prices rose at a slower pace mainly for housing & utilities and transport.

2019-08-09
Tanzania Inflation Rate Steady at 3.7% in July
The annual inflation rate in Tanzania stood at over 1-year high of 3.7 percent in July 2019, unchanged from the previous month. Prices rose faster for food but slowed for transport and housing.

2019-07-08
Tanzania Inflation Rate at Over 1-Year High of 3.7%
The annual inflation rate in Tanzania increased to 3.7 percent in June 2019 from 3.5 percent in the previous month. It was the highest inflation rate since April last year, amid rising prices of food, transport and housing & utilities.


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).

Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 3.80 3.80 19.80 3.00 percent [+]
Consumer Price Index CPI 117.10 116.39 117.23 58.89 points [+]
Food Inflation 6.30 6.10 27.84 0.10 percent [+]
Import Prices 102.30 101.20 119.50 96.70 points [+]
Producer Prices 103.16 100.00 103.16 76.21 points [+]
Producer Prices Change 11.44 11.04 15.90 -3.58 percent [+]
Inflation Rate Mom 0.60 0.50 24.89 -2.88 percent [+]
Export Prices 104.80 103.00 142.70 96.80 points [+]
Cpi Housing Utilities 139.28 140.15 141.87 51.88 points [+]
CPI Transportation 106.33 105.64 106.33 75.59 points [+]
Core Consumer Prices 109.37 108.85 109.37 74.03 points [+]
Core Inflation Rate 2.20 2.20 9.20 1.30 percent [+]