Tanzania Inflation Rate 1999-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Tanzania was recorded at 4.80 percent in December of 2014. Inflation Rate in Tanzania averaged 7.59 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
4.80 5.80 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 Thursday, January 29, 2015.


Tanzania Inflation Rate Down to 4-Year Low


Tanzania annual inflation rate slowed to 4.8 percent in December of 2014 from 5.8 percent in the previous month. It is the lowest figure since October of 2010 as food prices eased.

Year-on-year, prices of food and non-alcoholic beverages increased 5.7 percent, slowing from a 7 percent rise in the previous month.

Communication cost recorded the lowest increase (0.4 percent), followed by transport (0.5 percent) and recreation and culture (0.6 percent). In contrast, housing, water, electricity, gas and other fuel posted the highest gain (7.8 percent). 

On a monthly basis, consumer prices rose 0.2 percent, slowing from a 0.6 percent rise in the previous month. 

Average inflation for 2014 decreased to 6.1 percent from 7.9 percent in 2013.

National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
1/8/2015 4:46:27 PM


Recent Releases

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. Published on 2014-12-08

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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%
2015-01-08 10:20 AM
Inflation Rate YoY  Dec
4.8% 5.8% 5.74%
2015-02-08 11:30 AM
Inflation Rate YoY  Jan
4.8% 4.58%
2015-03-08 12:00 PM
Inflation Rate YoY  Feb
4.4%
2015-04-08 11:30 AM
Inflation Rate YoY  Mar
4.44%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 4.80 5.80 19.80 3.40 percent [+]
Consumer Price Index CPI 150.70 149.90 150.70 0.40 Index Points [+]
Food Inflation 5.70 7.00 27.84 5.22 percent [+]
Inflation Rate Mom 0.20 0.60 24.89 -2.88 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.20 Dec/14 0.30 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany 0.20 Dec/14 0.57 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Nov/14 2.90 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.00 Dec/14 -0.40 28.43 -1.37 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]