Tanzania Inflation Rate  1999-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Tanzania rose 6.1 percent year-on-year in May of 2017, easing from a 6.4 percent increase in the previous month. It was the lowest inflation rate since February, mainly due to a slowdown in cost of food, transport and housing and utilities. On a monthly basis, consumer prices went up 0.2 percent compared to a 0.5 percent rise in April. Inflation Rate in Tanzania averaged 7.31 percent from 1999 until 2017, 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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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-10 10:30 AM Mar 6.4% 5.5% 5.7%
2017-05-08 10:30 AM Apr 6.4% 6.4% 5.9%
2017-06-08 09:10 AM May 6.1% 6.4% 6.4%
2017-07-10 10:30 AM Jun 6.1% 5.9%
2017-08-09 10:30 AM Jul 5.9%
2017-09-08 10:30 AM Aug 5.8%




Tanzania Inflation Rate Slows To 3-Month Low of 6.1%


Consumer prices in Tanzania rose 6.1 percent year-on-year in May of 2017, easing from a 6.4 percent increase in the previous month. It was the lowest inflation rate since February, mainly due to a slowdown in cost of food, transport and utilities. On a monthly basis, consumer prices went up 0.2 percent compared to a 0.5 percent rise in April.

Year-on-year, prices went up at a slower pace for food and non-alcoholic beverages (11.6 percent vs 11.8 percent in April); transport (1.3 percent vs 1.9 percent), housing and utilities (4.6 percent vs 5.8 percent); clothing and footwear (3.7 percent vs 3.9 percent); alcoholic beverages and tobacco (3 percent vs 3.5 percent); miscellaneous goods and services (4 percent vs 4.3 percent) and recreation and culture (1.2 percent vs 1.3 percent). Also, cost of communication dropped further (-0.8 percent vs -0.5 percent).In contrast, prices rose faster for furnishings (3.2 percent vs 3.1 percent), restaurants and hotels (0.9 percent vs 0.8 percent) and health (2.9 percent vs 2.5 percent).

Annual core inflation, which excludes food and energy increased 2.2 percent from 2.3 percent.

On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.5 percent rise in April, partly derived from a 0.3 percent increase in cost of food and non-alcoholic beverages, of which maize flour (4.2 percent), green beans husked (2.9 percent), soya beans (2.2 percent), sorghum flour (1.5 percent), potatoes (2 percent), cassava (2.3 percent) and cocoyam (5.7 percent). Additional upward pressure came from clothing and footwear (0.4 percent) and housing, utilities and other fuel (0.7 percent), namely charcoal (0.6 percent). 

National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/8/2017 11:44:56 AM



Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 6.10 6.40 19.80 3.40 percent [+]
Consumer Price Index CPI 109.26 109.04 109.26 58.89 Index Points [+]
Food Inflation 11.80 11.00 27.84 4.90 percent [+]
Producer Prices 115.10 116.20 118.80 103.60 Index points [+]
Inflation Rate Mom 0.20 0.50 24.89 -2.88 percent [+]
Import Prices 116.50 117.10 117.10 100.00 Index points [+]
Export Prices 131.80 128.80 131.80 100.00 Index points [+]
Cpi Transportation 100.17 100.58 100.74 75.59 Index Points [+]


Tanzania Inflation Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.40 19.80 3.40 1999 - 2017 percent Monthly
2015=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.30 May/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17