The annual inflation rate in Tanzania increased to 3.7 percent in June 2019 from 3.5 percent in the previous month. It was the highest inflation rate since April last year, amid rising prices of food, transport and housing & utilities. Inflation Rate in Tanzania averaged 6.96 percent from 1999 until 2019, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3 percent in November of 2018.

Inflation Rate in Tanzania is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Tanzania to stand at 4.30 in 12 months time. In the long-term, the Tanzania Inflation Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Tanzania Inflation Rate
width
height
 Preview
Forecast Data Chart
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.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
2019-04-08 11:00 AM Inflation Rate YoY Mar 3.1% 3% 3.0%
2019-05-08 10:00 AM Inflation Rate YoY Apr 3.2% 3.1% 3.0%
2019-06-10 11:20 AM Inflation Rate YoY May 3.5% 3.2% 3.2%
2019-07-08 11:00 AM Inflation Rate YoY Jun 3.7% 3.5% 3.5%
2019-08-08 11:00 AM Inflation Rate YoY Jul 3.7% 3.8%
2019-09-09 01:00 PM Inflation Rate YoY Aug
2019-10-08 11:00 AM Inflation Rate YoY Sep 3.7%



Tanzania Inflation Rate at Over 1-Year High of 3.7%

The annual inflation rate in Tanzania increased to 3.7 percent in June 2019 from 3.5 percent in the previous month. It was the highest inflation rate since April last year, amid rising prices of food, transport and housing & utilities.

Year-on-year, cost continued to advance for food & non-alcoholic beverages (2.3 percent vs 2.2 percent in May), namely food consumed at home and away from home (4.3 percent vs 3.9 percent); transport (4.8 percent vs 4.1 percent), owing to fuel prices hikes; and housing & utilities (8.9 percent vs 8.8 percent), including electricity and other fuels for use at home with petrol and diesel (11 percent vs 10.5 percent). Additional upward pressure stemmed from alcoholic beverages & tobacco (4.2 percent vs 3.4 percent); recreation & culture (3.4 percent vs 3.2 percent) and communication (1.0 percent vs -1.1 percent).

On the other hand, inflation slowed for clothing & footwear (3.1 percent vs 3.7 percent); furnishings (4.1 percent vs 4.3 percent); restaurants & hotels (4.8 percent vs 4.9 percent); miscellaneous goods & services (2.4 percent vs 2.5 percent); health (1.8 percent vs 2.0 percent) and education (1.8 percent vs 2.1 percent).

On a monthly basis, consumer prices decreased 0.2 percent, after increasing 0.4 percent in the preceding month, mainly due to lower prices of non-food items. Some non-food items that contributed the most to such decrease include gas (2.1 percent); charcoal (2.8 percent); mobile phones (3.7 percent); hand bags (0.5 percent) and clothing (0.2 percent).

Annual core inflation, which excludes food and energy, edged down to 3.4 percent from 3.5 percent in the previous month.


Tanzania National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
7/8/2019 12:04:37 PM


News

Tanzania Inflation Rate at 1-Year High of 3.5%
The annual inflation rate in Tanzania rose to 3.5 percent in May 2019 from 3.2 percent in the previous month. It was the highest inflation rate since May last year, as prices advanced faster mostly for food & non-alcoholic beverages and transport.
Published on 2019-06-10

Tanzania Inflation Rate at 4-Month High in April
The annual inflation rate in Tanzania ticked up to 3.2 percent in April 2019 from 3.1 percent in the previous month. It is the highest inflation rate since December, mainly driven by rising food prices.
Published on 2019-05-08

Tanzania Inflation Rate Ticks Up to 3.1% in March
The annual inflation rate in Tanzania rose slightly to 3.1 percent in March 2019 from 3.0 percent in the previous month, mainly due to higher prices for transport and housing & utilities.
Published on 2019-04-08

Tanzania Inflation Rate Steady at 3% in February
The annual inflation rate in Tanzania stood at 3 percent in February of 2019, unchanged from the previous month. Prices slowed for food and transport while rose faster for housing & utilities.
Published on 2019-03-08



Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 3.70 3.50 19.80 3.00 percent [+]
Consumer Price Index CPI 117.03 117.23 117.23 58.89 Index Points [+]
Food Inflation 2.30 2.20 27.84 0.10 percent [+]
Import Prices 101.20 102.40 119.50 96.70 Index points [+]
Producer Prices 123.70 124.50 124.50 103.60 Index points [+]
Producer Prices Change 2.60 5.20 14.70 -3.00 percent [+]
Inflation Rate Mom -0.20 0.40 24.89 -2.88 percent [+]
Export Prices 103.00 102.70 142.70 96.80 Index points [+]
Cpi Housing Utilities 140.00 141.87 141.87 51.88 Index Points [+]
CPI Transportation 106.16 106.22 106.22 75.59 Index Points [+]
Core Consumer Prices 108.70 108.85 108.85 74.03 Index Points [+]
Core Inflation Rate 3.50 3.60 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.50 19.80 3.00 1999 - 2019 percent Monthly
2015=100




Country Last Previous
Argentina 55.80 Jun/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.00 Jun/19
China 2.70 Jun/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 Jun/19
United States 1.60 Jun/19


Related
Latest