Tanzania Inflation Rate  1999-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Tanzania was unchanged at 3.3 percent in August of 2018, the same pace as in the previous month. It remained the lowest inflation rate since series began in 1999, mostly due to a slowdown in food and non-alcoholic beverages prices. Inflation Rate in Tanzania averaged 7.12 percent from 1999 until 2018, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3.30 percent in July of 2018.

Tanzania Inflation Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Tanzania Annual Inflation Rate Steady at 3.3% in August


The annual inflation rate in Tanzania was unchanged at 3.3 percent in August of 2018, the same pace as in the previous month. It remained the lowest inflation rate since series began in 1999, mostly due to a slowdown in food and non-alcoholic beverages prices.

Year-on-year, cost of food & non-alcoholic beverages slowed (2.2 percent compared to 2.8 percent in July) and prices of recreation & culture dropped (-0.2 percent compared to 0.4 percent). Additionally, inflation was steady for housing & utilities (at 12.3 percent, the same as in July); miscellaneous goods & services (at 1.2 percent); education (at 2.5 percent).

Meanwhile, prices advanced faster for transport (3.4 percent compared to 2.5 percent); clothing & footwear (2.7 percent compared to 2.4 percent); furnishings & household equipment (3.1 percent compared to 2.6 percent); restaurants & hotels (1.1 percent compared to 0.8 percent) and alcoholic beverages & tobacco (1.2 percent compared to 0.8 percent). Also, prices of communication declined at a softer pace (-2.6 percent compared to -2.7 percent). 

On a monthly basis, consumer prices went down 0.4 percent, after a 0.3 percent fall in the prior month. Price of food and non-alcoholic beverages dropped further (-1.9 percent compared to -1.3 percent).

Annual core inflation, which excludes food and energy, increased to 2.0 percent from 1.6 percent in July.


National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
9/10/2018 4:39:02 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-09 11:15 AM Inflation Rate YoY 3.4% 3.6% 3.7%
2018-08-09 11:00 AM Inflation Rate YoY 3.3% 3.4% 3.5%
2018-09-10 01:00 PM Inflation Rate YoY 3.3% 3.3% 3.0%
2018-10-08 10:30 AM Inflation Rate YoY 3.3% 2.9%
2018-11-08 10:50 AM Inflation Rate YoY 2.8%
2018-12-10 10:30 AM Inflation Rate YoY 2.7%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 3.30 3.30 19.80 3.30 percent [+]
Consumer Price Index CPI 112.01 112.44 113.24 58.89 Index Points [+]
Food Inflation 2.20 2.80 27.84 2.20 percent [+]
Producer Prices 124.50 118.90 124.50 103.60 Index points [+]
Inflation Rate Mom -0.40 -0.30 24.89 -2.88 percent [+]
Import Prices 101.30 100.00 119.50 96.70 Index points [+]
Export Prices 101.50 100.00 142.70 96.80 Index points [+]
Cpi Housing Utilities 131.20 129.05 131.20 51.88 Index Points [+]
CPI Transportation 102.70 102.04 102.70 75.59 Index Points [+]
Core Consumer Prices 105.74 105.38 105.74 74.03 Index Points [+]
Core Inflation Rate 2.00 1.60 9.20 1.30 percent [+]


Tanzania Inflation Rate

In Tanzania, the National Consumer Price Index (NCPI) measures the change over time in the cost of a fixed basket of goods and services that are purchased by a representative sample of households. The index weights are based on expenditures of both urban and rural households in the 25 geographic regions. The most important categories in the NCPI are Food and Non Alcoholic Beverages (38.5 percent of total weight); Transport (12.5 percent); Housing, Water, Electricity, Gas and Other Fuel (11.6 percent); Clothing and Footwear (8.3 percent) and Furnishing, Housing Equipment and Routine Maintenance of the House (6.3 percent). The index also includes: Communication (5.6 percent of total weight), Restaurants and Hotels (4.2 percent of total weight), Alcoholic Beverages and Tobacco (3.7 percent), Miscellaneous Goods and Services (3.1 percent), Health (2.9 percent), Recreation and Culture (1.6 percent) and Education (1.5 percent). This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.30 19.80 3.30 1999 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 3.00 Jul/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 0.90 Jul/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 5.10 Jul/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.50 Jul/18
United States 2.70 Aug/18


Related

Latest