Tanzanian Inflation Rate Edges Up Slightly in March


The annual consumer prices in Tanzania accelerated to 6.1 percent in March of 2014, from 6.0 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 9.8 in March of 2013.

In March of 2014, upward pressures came from cost of food and non-alcoholic beverages (+7.2 percent from 6.2 percent in February of 2014), including rice, beans, vegetable and fish. In contrast, cost of housing, water, electricity, gas and other fuel decelerated to 9.0 percent from 13.3 percent in February of 2014, and transport prices slowed to 8.7 percent from 9.0 percent.
 
On a month-on-month basis, the CPI increased by 0.6 percent in March of 2014, compared to a 1.4 percent rise in the previous month.
Higher prices were recorded for tomatoes (6.0 percent), sweet potatoes (4.0 percent), fruits (3.8 percent), rice (2.8 percent), spaghetti (2.8 percent) and chicken (1.8 percent). In addition, higher cost was registered for premier league football games tickets (9.7 percent), medical services (3.3 percent), charcoal (2.6 percent), and material for men's suit (2.4 percent).
 

Tanzanian Inflation Rate Edges Up Slightly in March


Isabel Felino | isabel.felino@tradingeconomics.com
4/8/2014 2:35:57 PM