Tanzania Inflation Rate Down to 6.1% in September

Tanzania's annual inflation edged down to 6.1 percent in September of 2015, after remaining steady at a 10-month high of 6.4 percent in the previous month. It was the first fall in seven months, as cost of food and transport grew at a slower pace.

Compared to September 2014, food prices rose by 9.6 percent, after increasing 10.2 percent in August. Also, cost of transportation went up by 0.7 percent, easing from a 0.9 percent growth last month. Additional upward pressure came from: housing, water, electricity and gas (+1.3 percent); clothing and footwear (+4.6 percent); furnishings and household equipment (+2.2 percent); and restaurants and hotels (+3.7 percent). 

Annual core inflation rate was recorded at 2.2 percent.

On a monthly basis, consumer prices increased by 0.1 percent, after showing no growth in the precedent month, due to higher prices of housing and utilities (+1.7 percent against +0.5 percent in August) while food cost fell at a slower pace (-0.2 percent against -0.4 percent in August). 

Tanzania Inflation Rate Down to 6.1% in September

National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/8/2015 1:12:09 PM