Tanzania Inflation Rate Rises To 5.2% In January

Consumer prices in Tanzania increased 5.2 percent year-on-year in January of 2017, following 5 percent rise in the previous month. It was the highest inflation rate since July mainly boosted by rising prices for food.

Compared with January of 2016, prices went up faster for food and non-alcoholic beverages (7.6 percent from 7 percent in December). Meanwhile, inflation rose at a slower pace for housing and utilities (9.5 percent from 9.9 percent); furnishing equipment and maintenance of the house (3.3 percent from 4 percent), clothing and footwear (3.4 percent from 3.7 percent), restaurants and hotels (3.9 percent from percent 4.2 percent) and alcoholic beverages and tobacco (5 percent from 5.1 percent).

Annual core inflation, which excludes food and energy, edged down to 2.3 percent from 2.5 percent in December of 2016. 

On a monthly basis, consumer prices rose 0.8 percent, following a 0.7 percent gain in the previous month. Cost of food increased 1.6 percent, at the same pace as in the previous month, namely for maize grains (+16 percent), maize flour (+10 percent), rice (+2.6 percent) and beans (+6.3 percent).

Tanzania Inflation Rate Rises To 5.2% In January

National Bureau of Statistics | Deborah Neves | deborah.neves@tradingeconomics.com
2/8/2017 12:28:27 PM