Tanzania Inflation Rate at 4-Month High in April

The annual inflation rate in Tanzania ticked up to 3.2 percent in April 2019 from 3.1 percent in the previous month. It is the highest inflation rate since December, mainly driven by rising food prices.

Year-on-year, inflation quickened for food & non-alcoholic beverages (0.9 percent vs 0.1 percent in March); clothing & footwear (3.6 percent vs 3.4 percent) and restaurants & hotels (4.9 percent vs 4.8 percent); health (2.2 percent vs 1.8 percent); recreation & culture (0.6 percent vs 0.3 percent) and education (2.1 percent vs 1.9 percent)

On the other hand, prices slowed for housing & utilities (11.4 percent vs 13 percent); transport (3.4 percent vs 4.1 percent); furnishings (4.2 percent vs 4.3 percent); miscellaneous goods & services (2.7 percent vs 3.1 percent). In addition, cost fell for communication (-1.1 percent vs -1.2 percent).

On a monthly basis, consumer prices went up 0.5 percent, slowing from a 1.4 percent rise in the prior month. Price increases were observed for both food and non-food items, of which rice (1.1 percent); maize flour (1.4 percent); sardines (4.4 percent); fruits (2.8 percent); peas (4.2 percent); round potatoes (1.5 percent); fresh cassava (4.1 percent) and sweet potatoes (2.1 percent). On the other hand, non-food items that contributed the most for the monthly rise included diesel (3.2 percent); second hand garments for men (1.1 percent); maintenance and repair of sewage systems (2.6 percent) and dental services (1.8 percent).

Annual core inflation, which excludes food and energy, eased to 3.6 percent from 3.7 percent in the preceding month.

 Tanzania Inflation Rate at 4-Month High in April

Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/8/2019 6:18:16 PM