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

The inflation rate in Tanzania was recorded at 6.70 percent in August of 2014. Inflation Rate in Tanzania averaged 7.63 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.

   
 
 

Tanzania Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.70 6.50 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 Tuesday, September 16, 2014.


Tanzania Inflation Rate Up to 12-Month High in August


Tanzanian annual inflation rate increased to 6.7 percent in August of 2014 from 6.5 percent in the previous month, driven by higher food prices.

Cost of food and non-alcoholic beverages rose 8.8 percent in August following an 8.1 percent increase in July. Prices of housing, water, electricity and gas recorded the highest increase (10.3 percent), but slowed from an 11.1 percent rise in July.  

On a monthly basis, consumer prices rose 0.1 percent in August, the same rate recorded in July, driven by a rise of non-food prices: beer by 2.5 percent, primary school uniform by 1.5 percent, charcoal by 1.1 percent, dining table by 2.4 percent, carpets by 2.0 percent, household textiles by 1.5 percent, petrol by 1.6 percent and accommodation services by 1.4 percent.

Annual core inflation which excludes food and energy for the month of August 2014 has slightly decreased to 3.1 percent from 3.2 percent recorded in July. 

National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
9/8/2014 3:13:58 PM


Recent Releases

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. Published on 2014-08-07

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 01:00 PM Tanzania
Inflation Rate YoY
Aug 2014 6.7% 6.5% 6.74%
2014-10-08 11:30 AM Tanzania
Inflation Rate YoY
Sep 2014 6.7% 7%


Prices Last Previous Highest Lowest Unit
Inflation Rate 6.70 6.50 19.80 3.40 Percent [+]
Consumer Price Index CPI 149.30 149.20 150.70 0.40 Index Points [+]
Food Inflation 8.80 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 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Jul/14 2.40 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.30 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -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 [+]





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