Tanzania Inflation Rate Up to 5.2% in May

Annual inflation in Tanzania increased slightly to 5.2 percent in May of 2016 from a 1-year low of 5.1 percent in the previous month. The rise was mainly driven by increase in cost of food, transport and housing and utilities.
National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com 6/10/2016 12:40:28 PM
Compared to May 2015, prices  of housing, water, electricity gas and other fuels (8.8 percent from 7 percent) rose at a faster pace, while cost of food and non-alcoholic beverages (7 percent from 7.1 percent in April) and transport (1.6 percent from 2 percent) went up at a slower pace. Other upward pressure came from: clothing and footwear (4.5 percent from 4.3 percent); furnishing, housing equipment and routine maintenance (4.4 percent from 4.9 percent); restaurants and hotels (4.9 percent from 4.8 percent); alcoholic beverages and tobacco (4.9 percent from 4.1 percent); miscellaneous goods and services (3.9 percent from 3.9 percent); recreation and culture (3.9 percent from 4.1 percent) and education (2.7 percent from 2.6 percent). On the other hand, cost of communication fell -0.6 percent from 1 percent drop in the previous month.

Annual core inflation rate was recorded at 3  percent, unchanged from  the previous month.

On a monthly basis, consumer prices went up 0.5 percent, rising at the same pace as in April. Cost of transport (+0.2 percent from +0.1 percent) and housing and utilities (+1.8 percent from +0.2 percent) went up at a faster pace, while food and non-alcoholic beverages (+0.5 percent from +0.5 percent) rose at the same pace as in April.

Tanzania Inflation Rate Up to 5.2% in May