Tanzania Inflation Rate

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. Inflation Rate in Tanzania averaged 6.92 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 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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Calendar	GMT		Actual	Previous	TEForecast
2019-07-08	11:00 AM	Inflation Rate YoY Jun	3.7%	3.5%	3.5%
2019-08-09	10:50 AM	Inflation Rate YoY Jul	3.7%	3.7%	3.8%
2019-09-09	10:15 AM	Inflation Rate YoY Aug	3.6%	3.7%	3.8%
2019-10-08	11:00 AM	Inflation Rate YoY Sep	3.4%	3.6%	3.7%
2019-11-08	10:45 AM	Inflation Rate YoY Oct		3.4%	3.3%
2019-12-09	10:30 AM	Inflation Rate YoY Nov			3.3%

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.

Year-on-year, prices increased less for housing & utilities (4.3 percent vs 6.3 percent in August); clothing & footwear (2.6 percent vs 2.9 percent); communication (0.6 percent vs 0.7 percent); restaurants & hotels (4.2 percent vs 4.6 percent); alcoholic beverages & tobacco (1.3 percent vs 2.1 percent) and miscellaneous goods & services (2.4 percent vs 2.5 percent).

In contrast, inflation quickened for food & non-alcoholic beverages; transport (3.2 percent vs 2.7 percent); health (1.9 percent vs 1.4 percent) and recreation & culture (2.0 percent vs 1.8 percent).

On a monthly basis, consumer prices went down 0.1 percent, following a 0.5 percent decrease in the previous month, mainly attributable to prices of food items, such as sardines (-2.5 percent); fruits (-1.1 percent); vegetables (-1.2 percent); peas (-4.0 percent); cocoyam (-3.7 percent) and round potatoes (-4.2 percent).

Annual core inflation, which excludes food and energy, edged down to 2.7 percent in September, its lowest level since last November, from 2.9 percent in August.

Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
10/8/2019 12:04:16 PM

News

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.
Published on 2019-09-09

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.
Published on 2019-08-09

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.
Published on 2019-07-08

Tanzania Inflation Rate at 1-Year High of 3.5%
The annual inflation rate in Tanzania rose to 3.5 percent in May 2019 from 3.2 percent in the previous month. It was the highest inflation rate since May last year, as prices advanced faster mostly for food & non-alcoholic beverages and transport.
Published on 2019-06-10

Tanzania Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	3.40	3.60	19.80	3.00	percent	[+]
Consumer Price Index CPI	115.92	116.01	117.23	58.89	Index Points	[+]
Food Inflation	4.00	3.70	27.84	0.10	percent	[+]
Import Prices	101.20	102.40	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	-0.10	-0.50	24.89	-2.88	percent	[+]
Export Prices	103.00	102.70	142.70	96.80	Index points	[+]
Cpi Housing Utilities	139.71	139.53	141.87	51.88	Index Points	[+]
CPI Transportation	105.67	105.53	106.22	75.59	Index Points	[+]
Core Consumer Prices	108.82	108.79	108.85	74.03	Index Points	[+]
Core Inflation Rate	2.70	2.90	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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.40	3.60	19.80	3.00	1999 - 2019	percent	Monthly	2015=100

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Country	Last		Previous	Range
Argentina	53.50	Sep/19	53.6	20263 : -7	%
Australia	1.60	Jun/19	1.3	23.9 : -1.3	%
Brazil	2.89	Sep/19	3.43	6821 : 1.65	%
Canada	1.90	Sep/19	1.9	21.6 : -17.8	%
China	3.00	Sep/19	2.8	28.4 : -2.2	%
Euro Area	0.80	Sep/19	1	5 : -0.6	%
France	0.90	Sep/19	1	18.8 : -0.7	%
Germany	1.20	Sep/19	1.4	11.54 : -7.62	%
India	3.99	Sep/19	3.28	12.17 : 1.54	%
Indonesia	3.39	Sep/19	3.49	82.4 : -1.17	%
Italy	0.30	Sep/19	0.4	25.64 : -0.6	%
Japan	0.20	Sep/19	0.3	24.9 : -2.5	%
Mexico	3.00	Sep/19	3.16	180 : 2.13	%
Netherlands	2.60	Sep/19	2.8	11.19 : -1.3	%
Russia	4.00	Sep/19	4.3	2333 : 2.2	%
Saudi Arabia	-0.70	Sep/19	-1.1	11.1 : -2.2	%
Singapore	0.50	Sep/19	0.5	34.3 : -3.1	%
South Africa	4.10	Sep/19	4.3	20.7 : 0.2	%
South Korea	-0.40	Sep/19	0	32.5 : -0.4	%
Spain	0.10	Sep/19	0.3	28.43 : -1.37	%
Switzerland	0.10	Sep/19	0.3	11.92 : -1.4	%
Turkey	9.26	Sep/19	15.01	139 : -4.01	%
United Kingdom	1.70	Sep/19	1.7	8.5 : -0.1	%
United States	1.70	Sep/19	1.7	23.7 : -15.8	%