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.

Year-on-year, prices increased at a slower pace mostly for food & non-alcoholic beverages (0.7 percent vs 1.0 percent in December); transport (4.0 percent vs 5.1 percent) and housing & utilities (11.7 percent vs 12.1 percent). Also, cost slowed for furnishings (3.9 percent vs 4.0 percent); restaurants & hotels (2.6 percent vs 2.7 percent) and education (2 percent vs 2.4 percent). Meantime, inflation was steady for health (at 1 percent) and alcoholic beverages & tobacco (at 2.2 percent).

In contrast, prices went up faster for clothing & footwear (3.7 percent vs 3.6 percent) and recreation & culture (0.2 percent vs 0.1 percent).

On a monthly basis, consumer prices rose 0.5 percent, the same pace as in the previous month.

Annual core inflation, which excludes food and energy, stood at 3.1 percent in January, unchanged from the previous month.

 Tanzania Inflation Rate Edges Down to 3% in January

National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
2/8/2019 12:17:00 PM