Tanzania Inflation Rate Slows to 4%

Tanzania’s annual inflation rate eased for the fifth straight month to 4 percent in January of 2015 from 4.8 percent in the previous month, due to slower rises in food and fuel cost.

It is the lowest rate since May of 2005. 

Year-on-year, transport prices were flat and cost of food and non-alcoholic beverages increased 4.9 percent in January, slowing from a 5.7 percent rise in the previous month. Cost of housing, water, electricity and gas rose at a slower 4.9 percent (7.8 percent in December).

Alcoholic beverages and tobacco recorded the highest increase (5.4 percent), followed by miscellaneous goods and services (5.3 percent). 

On a monthly basis, consumer prices rose 1 percent, up from a 0.2 percent increase in December.  

The annual inflation rate which excludes food and energy for the month of January has decreased to 2.8 percent from 3.1 percent recorded in December.

Tanzania Inflation Rate Slows to 4%

National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
2/9/2015 2:19:33 PM