Tanzania Inflation Rate  1999-2016 | Data | Chart | Calendar | Forecast

Tanzania's annual inflation rate rose to 4.8 percent in November 2016 from 4.5 percent in the previous month, boosted by higher prices of food, such as maize and fish, transport and housing. Annual core inflation, which excludes food and energy, rose to 2.6 percent from 2.4 percent in October. On a monthly basis, consumer prices climbed 1.1 percent, following a 0.1 percent gain in October. Inflation Rate in Tanzania averaged 7.37 percent from 1999 until 2016, 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.

Tanzania Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-10 11:22 AM Sep 4.5% 4.9% 5.11%
2016-11-08 10:20 AM Oct 4.5% 4.5% 4.4%
2016-12-08 10:30 AM Nov 4.8% 4.5% 4.9%
2017-01-09 10:25 AM Dec 4.8% 4.85%
2017-01-09 10:30 AM Dec 4.85%
2017-02-08 10:30 AM Jan 4.86%




Tanzania Inflation Rate Rises To 4.8% YoY In November


Tanzania's annual inflation rate rose to 4.8 percent in November 2016 from 4.5 percent in the previous month, boosted by higher prices of food, such as maize and fish, transport and housing.

Compared with November 2015, prices increased at a faster pace for food and non-alcoholic beverages (+6.2 percent from +6 percent in October), transport (+0.7 percent from +0.1 percent) and housing and utilities (+10.9 percent from +7.2 percent). Additional upward pressure came from: Clothing and footwear (+3.9 percent from +3.8 percent); furnishing, housing equipment and routine maintenance of the house (+4.3 percent from +3.6 percent); and restaurants and hotels (+4.4 percent from +4.3 percent). By contrast cost of communication fell 0.6 percent (-0.7 percent in October).
 
Annual core inflation, which excludes food and energy, rose to 2.6 percent from 2.4 percent in October.

On a monthly basis, consumer prices jumped 1.1 percent, following a 0.1 percent rise in October, mainly boosted by a 2.2 percent gain in prices of food.

National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/8/2016 12:06:30 PM



Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 4.80 4.50 19.80 3.40 percent [+]
Consumer Price Index CPI 103.17 103.05 103.50 58.89 Index Points [+]
Food Inflation 6.20 6.00 27.84 4.90 percent [+]
Producer Prices 116.20 118.80 118.80 103.60 Index points [+]
Import Prices 117.10 114.90 117.10 100.00 Index points [+]
Inflation Rate Mom 0.10 -0.20 24.89 -2.88 percent [+]
Export Prices 128.80 127.60 128.80 100.00 Index points [+]
Cpi Transportation 99.65 99.91 100.74 75.59 Index Points [+]



Tanzania Inflation Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.80 4.50 19.80 3.40 1999 - 2016 percent Monthly
2015=100



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