Tanzania Inflation Rate  1999-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Tanzania increased 5.5 percent year-on-year in February of 2017, following 5.2 percent rise in the previous month. It was the highest inflation rate since June of 2016 mainly boosted by rising prices for food. On a monthly basis, consumer prices advanced 1 percent, following a 0.8 percent gain in the previous month. Inflation Rate in Tanzania averaged 7.33 percent from 1999 until 2017, 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)
2017-01-09 10:45 AM Dec 5% 4.8% 5%
2017-02-08 11:00 AM Jan 5.2% 5% 5.1%
2017-03-08 10:25 AM Feb 5.5% 5.2% 5.3%
2017-04-10 10:30 AM Mar 5.5% 5.7%
2017-05-08 10:30 AM Apr 5.7%
2017-06-08 10:30 AM May 5.8%




Tanzania Inflation Rate Rises To 5.5% In February


Consumer prices in Tanzania increased 5.5 percent year-on-year in February of 2017, following 5.2 percent rise in the previous month. It was the highest inflation rate since June of 2016 mainly boosted by rising prices for food.

Compared with February of 2016, prices went up faster for food and non-alcoholic beverages (8.7 percent from 7.6 percent in January). Additional upward pressure came from: housing and utilities (8.7 percent from 9.5 percent); alcoholic beverages and tobacco (5.2 percent from 5. Percent); restaurants and hotels (3.9 percent, the same as in January); furnishing equipment and maintenance of the house (3.8 percent from 3.3 percent) and clothing and footwear (3.2 percent from 3.4 percent).

Annual core inflation, which excludes food and energy, increased 2.2 percent compared to 2.3 percent in January of 2016. 

On a monthly basis, consumer prices advanced 1 percent, following a 0.8 percent gain in the previous month. Cost of food increased faster (2.3 percent from 1.6 percent), namely for rice (+4 percent), maize grains (+12.2 percent), maize flour (+10.1 percent), cooking banana (+9.5 percent) and beans (+6.7percent).

National Bureau of Statistics | Deborah Neves | deborah.neves@tradingeconomics.com
3/8/2017 12:00:33 PM



Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 5.50 5.20 19.80 3.40 percent [+]
Consumer Price Index CPI 106.97 105.92 106.97 58.89 Index Points [+]
Food Inflation 7.60 7.00 27.84 4.90 percent [+]
Producer Prices 115.10 116.20 118.80 103.60 Index points [+]
Inflation Rate Mom 0.80 0.70 24.89 -2.88 percent [+]
Import Prices 116.50 117.10 117.10 100.00 Index points [+]
Export Prices 131.80 128.80 131.80 100.00 Index points [+]
Cpi Transportation 99.72 100.27 100.74 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.20 19.80 3.40 1999 - 2017 percent Monthly
2015=100



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