Tanzania Inflation Rate 1999-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Tanzania was recorded at 6.50 percent in July of 2014. Inflation Rate in Tanzania averaged 7.64 Percent from 1999 until 2014, reaching an all time high of 19.80 Percent in December of 2011 and a record low of 3.40 Percent in January of 2003. Inflation Rate in Tanzania is reported by the National Bureau of Statistics (NBS) - Tanzania.

   
 
 
 Export Data  API

Tanzania Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.50 6.40 19.80 3.40 1999 - 2014 Percent Monthly
2010=100
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 21 geographic regions. The most important categories in the NCPI are Food and Non Alcoholic Beverages (47.8 percent of total weight); Transport (9.5 percent); Housing, Water, Electricity, Gas and Other Fuel (9.2 percent). Clothing and Footwear account for 6.7 percent of total index and Furnishing, Housing Equipment and Routine Maintenance of the House for 6.7 percent. Restaurants and Hotels represent 6.4 percent of total weight and Miscellaneous Goods and Services (personal care, insurance and financial services) for 4.5 percent. Alcoholic Beverages and Tobacco represent 3.3 percent of total weight, Communication 2.1 percent, Education 1.7 percent, Recreation and Culture 1.3 percent and Health 0.9 percent. This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Tanzania Inflation Rate - was last refreshed on Saturday, August 23, 2014.


Tanzania Inflation Rate Edges Up in July


The annual consumer prices in Tanzania accelerated to 6.5 percent in July of 2014, from 6.4 percent recorded in June, as energy prices increased. Compared with a year earlier, the inflation rate slowed from 7.5 percent.

The only inflationary upward pressure in July of 2014 came from housing, water, electricity, gas and other fuels which increased 11.7 percent year-on-year, compared with 11.3 in the previous month. Food and non-alcoholic beverages inflation rate was stagnated at 8.1 percent in July of 2014, from June. 

In contrast, year-on-year prices decelerated in July of 2014 for alcoholic and tobacco (4.7 percent from 5.4 percent in June), clothing and footwear (2.8 percent from 2.9 percent), furnishing, housing equipment and routine maintenance (2.1 percent from 2.2 percent), health (3.9 percent from 4.2 percent), transport (2.4 percent from 2.7 percent), communications (1.1 percent from 1.6 percent), recreation and culture (0.6 percent from 0.8 percent), education (5.1 percent from 5.3 percent), restaurants and hotels (2.4 percent from 2.6 percent), miscellaneous goods and services (6.8 percent from 8.1 percent).

The annual inflation rate excluding food and energy eased to 3.2 percent in July of 2014, from 3.5 percent recorded in June.

On a monthly basis, consumer prices rose 0.1 percent in July of 2014, from a 0.6 percent decline registered in the previous month, mostly driven by higher prices of non-food items: beer (4.4 percent), cigarettes (2.1 percent), men trousers (3.4 percent), girls’ dresses (1.2 percent), dry cleaning services (2.3 percent), rents paid by tenants (2.5 percent), carpets and other floor coverings (2.3 percent) and charcoal (1.2 percent).

National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
8/7/2014 5:24:47 PM


Recent Releases

Tanzania Inflation Rate Slows Slightly in June
Tanzanian annual inflation rate decelerated slightly to 6.4 percent in June of 2014 from 6.5 percent in the previous month, due to lower food prices. Published on 2014-07-08

Tanzania Inflation Rate Accelerates in May
Tanzanian annual inflation rate accelerated to 6.5 percent in May of 2014, from 6.3 percent in the previous month, driven by higher prices of food. It is the highest rate since September last year. Published on 2014-06-09


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-08 11:30 AM Tanzania
Inflation Rate YoY
Apr 2014 6.3% 6.1% 4.25%
2014-06-09 11:15 AM Tanzania
Inflation Rate YoY
May 2014 6.5% 6.3% 6.75%
2014-07-08 11:40 AM Tanzania
Inflation Rate YoY
Jun 2014 6.4% 6.5% 6.73%
2014-08-07 11:30 AM Tanzania
Inflation Rate YoY
Jul 2014 6.5% 6.4% 6.46%
2014-09-08 11:30 AM Tanzania
Inflation Rate YoY
Aug 2014 6.5% 6.74%


Prices Last Previous Highest Lowest Unit
Inflation Rate 6.50 6.40 19.80 3.40 Percent [+]
Consumer Price Index (cpi) 149.20 150.10 224.30 0.60 Index Points [+]
Food Inflation 8.10 8.10 27.84 5.22 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.50 Jul/14 6.52 6821.31 1.65 Percent [+]
Canada 2.10 Jul/14 2.40 21.60 -17.80 Percent [+]
China 2.30 Jul/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Jul/14 0.50 5.00 -0.70 Percent [+]
France 0.50 Jul/14 0.50 18.80 -0.70 Percent [+]
Germany 0.85 Jul/14 1.04 11.54 -7.62 Percent [+]
India 7.96 Jul/14 7.31 11.16 7.31 Percent [+]
Indonesia 4.53 Jul/14 6.70 82.40 -1.17 Percent [+]
Italy 0.09 Jul/14 0.28 25.64 -2.44 Percent [+]
Japan 3.60 Jun/14 3.70 25.00 -2.52 Percent [+]
Mexico 4.07 Jul/14 3.75 179.73 2.91 Percent [+]
Netherlands 0.89 Jul/14 0.93 11.19 -1.30 Percent [+]
Russia 7.50 Jul/14 7.80 2333.30 3.60 Percent [+]
South Korea 1.60 Jul/14 1.70 32.50 0.20 Percent [+]
Spain -0.34 Jul/14 0.09 28.43 -1.37 Percent [+]
Switzerland 0.00 Jul/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.32 Jul/14 9.16 138.71 -4.01 Percent [+]
United Kingdom 1.60 Jul/14 1.90 8.50 0.50 Percent [+]
United States 2.00 Jul/14 2.10 23.70 -15.80 Percent [+]





Overview    |     Worldbank    |     Calendar    |     Countries    |     Indicators    |     News