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

The inflation rate in Tanzania was recorded at 5.80 percent in November of 2014. Inflation Rate in Tanzania averaged 7.61 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.

      Forecast    
Tanzania Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.90 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, December 20, 2014.


Tanzania Inflation Rate Edges Down


Tanzanian annual consumer prices eased for the third consecutive month to 5.8 percent in November of 2014, from 5.9 percent recorded in October of 2014, mainly due to lower food prices. It is the lowest rate since December of 2013.

Year-on-year, prices of housing, water, electricity and gas recorded the highest increase (11.3 percent compared with 10.8 percent in October). Cost of food and non-alcoholic beverages rose 7 percent, following a 7.1 increase in the previous month. Clothing and footwear index advanced 2.8 percent, transports prices grew 1.6 percent, and cost of furnishing and house equipment accelerated 1.4 percent. 

On a monthly basis, consumer prices rose 0.6 percent after a 0.2 percent drop in October of 2014, driven by higher food prices (+1 percent). Among food items, sweet potatoes increase the most (+ 8 percent), followed by rice (+ 4.8 percent) and pastry-cook (3.8 percent). Cost of vegetables accelerated to 3 percent and prices of fish and fruit increased by 2.8 percent, each. 

Additional upward pressure came from cost of alcoholic and tobacco (+ 0.3 percent), clothing and footwear (+ 0.2 percent) and housing, water, electricity and gas (+ 0.2 percent). In contrast, downward pressure came from restaurants and hotels (-0.2 percent), transports (-0.2 percent) and furnishing and housing equipment ( -0.1 percent), 

National Bureau of Statistics | Carolina Cunha | carolina.cunha@tradingeconomics.com
12/8/2014 8:28:00 PM


Recent Releases

Tanzania Inflation Rate Down to 10-Month Low
Tanzanian annual inflation rate decelerated to 5.9 percent in September of 2014 from 6.6 percent in the previous month, as food prices slowed further. Published on 2014-11-10

Tanzania Inflation Rate Slightly Down in September
Tanzanian annual inflation rate decreased to 6.6 percent in September of 2014 from 6.7 percent in the previous month, driven by lower food price increases. Published on 2014-10-08


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-08 11:30 AM
Inflation Rate YoY  Sep
6.6% 6.7% 7%
2014-11-08 11:00 AM
Inflation Rate YoY  Oct
5.9% 6.6% 6.54%
2014-12-08 12:30 PM
Inflation Rate YoY  Nov
5.8% 5.9% 6%
2015-02-09 12:00 PM
Inflation Rate YoY  Jan
5.73%
2015-03-10 12:00 PM
Inflation Rate YoY  Feb
5.69%
2015-04-08 11:30 AM
Inflation Rate YoY  Mar
5.85%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 5.80 5.90 19.80 3.40 percent [+]
Consumer Price Index CPI 149.90 149.93 150.70 0.40 Index Points [+]
Food Inflation 7.10 8.50 27.84 5.22 percent [+]
Inflation Rate Mom 0.60 -0.20 24.89 -2.88 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.00 Nov/14 2.40 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]