Tanzania Inflation rate Accelerates in February

Tanzania’s consumer prices increased 4.2 percent in February of 2014 over the same month of the previous year due to higher food prices.

Year-on-year, housing, water, electricity and gas rose the most (6.6 percent), followed by restaurants and hotels (5.2 percent) and food and non-alcoholic beverages (4.9 percent). Additional upward pressures came from clothing and footwear (3.4 percent) and furnishing and household equipment (1.5 percent). Transport recorded the only decrease (-1.4 percent).

On a monthly basis, inflation was 1.6 percent, up from a 1 percent increase in January.

The annual inflation rate which excludes food and energy for the month of February has decreased to 2.7 percent from 2.8 percent recorded in December.

Tanzania Inflation rate Accelerates in February

National Bureau of Statistics | Carolina Cunha | carolina.cunha@tradingeconomics.com
3/9/2015 12:32:55 PM