Tanzania Inflation Rate Ticks Up to 3.6%

The annual inflation rate in Tanzania rose to 3.6 percent in October 2019 from 3.4 percent in the previous month, as prices advanced faster for food. Meanwhile, cost slowed for non-food products.
Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com 11/11/2019 12:24:06 PM
Year-on-year, prices continued to advance for food & non-alcoholic beverages (5.1 percent vs 4.0 percent in September). Meanwhile, cost slowed for non-food products (2.7 percent vs 3.1 percent), namely transport (2.4 percent vs 3.2 percent); housing & utilities (3.3 percent vs 4.3 percent); clothing & footwear (2.2 percent vs 2.6 percent); restaurants & hotels (4.2 percent vs 4.2 percent); miscellaneous goods & services (2.3 percent vs 2.4 percent); health (1.8 percent vs 1.9 percent) and recreation & culture (1.7 percent vs 2.0 percent).

In contrast, inflation edged higher for furnishings (3.9 percent vs 3.7 percent) and communication (0.8 percent vs 0.6 percent).

On a monthly basis, consumer prices went down 0.1 percent, the same pace as in the previous month. Main downward pressure came from prices of housing & utilities (-0.3 percent vs 0.1 percent); transport (-0.4 percent vs 0.1 percent) and recreation & culture (-0.9 percent vs 0.4 percent).

Annual core inflation, which excludes food and energy, dropped to 2.6 percent, its lowest level since last November, from 2.7 percent in the prior month.

Tanzania Inflation Rate Ticks Up to 3.6%