Tanzania Inflation Rate Steady at 3.7% in July


The annual inflation rate in Tanzania stood at over 1-year high of 3.7 percent in July 2019, unchanged from the previous month. Prices rose faster for food but slowed for transport and housing.

Year-on-year, prices rose faster for food & non-alcoholic beverages (2.9 percent vs 2.3 percent in June); communication (1.1 percent vs 1.0 percent); miscellaneous goods & services (2.5 percent vs 2.4 percent) and health (2.2 percent vs 1.8 percent).

In contrast, inflation slowed for transport (4.1 percent vs 4.8 percent); housing & utilities (8.1 percent vs 8.9 percent); clothing & footwear (2.7 percent vs 3.1 percent); furnishings (3.9 percent vs 4.1 percent); alcoholic beverages & tobacco (3.6 percent vs 4.2 percent); restaurants & hotels (4.7 percent vs 4.8 percent); recreation & culture (1.6 percent vs 3.4 percent) and education (1.6 percent vs 1.8 percent).

On a monthly basis, consumer prices went down 0.4 percent, following a 0.2 percent drop in the preceding month.  Some food items that contributed to such decrease include rice (-2.4 percent); spaghetti (-1.1 percent); sardines (-2.1 percent); fruits (-3.4 percent); coconut (-4.0 percent); round potatoes (-2.3 percent); cassava (-6.5 percent) and cooking bananas (-2.2 percent).

Annual core inflation, which excludes food and energy, edged down to 3.1 percent in July from 3.4 percent in the previous month, reaching its lowest level since February.

Tanzania Inflation Rate Steady at 3.7% in July


Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
8/9/2019 4:45:51 PM