Tanzania Inflation at 9-Month Low

Tanzania's annual inflation rate eased to 5.6 percent in February of 2016 from 6.5 percent in January. It is the lowest figure since May 2015 as food prices rose more slowly.

Compared to February 2015, food prices went up 9.5 percent (10.7 percent in January), health increased 6 percent (+4.4 percent in January), clothing and footwear went up 4.5 percent (+4.8 percent in January), miscellaneous goods and services 3.9 percent (4.8 percent in January). 

Prices also went up for: education 3.6 percent (+4 percent in January), recreation and culture 3.3 percent (+4.8 percent in January), furnishings and household equipment 3.1 percent (+3.6 percent in January), restaurant and hotels 2.8 percent (+4.3 percent in January), transport 2 percent (+1.3 percent in January) and alcoholic beverages and tobacco 1.8 percent (+1.7 percent in January).

Annual core inflation rate was recorded at 2.5 percent, up from 2.4 percent in the previous month.

On a monthly basis, consumer prices increased 0.7 percent, as cost of food and non-alcoholic beverages rose 1.2 percent; housing and utilities jumped 2 percent and health went up by 1.5 percent while cost of transport (-0.5 percent); furnishings and household (-0.5 percent) and recreation and culture (-0.1 percent) went down.

Tanzania Inflation at 9-Month Low

National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
3/8/2016 1:14:49 PM