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

The inflation rate in Tanzania was recorded at 4.30 percent in March of 2015. Inflation Rate in Tanzania averaged 7.54 percent from 1999 until 2015, 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
4.30 4.20 19.80 3.40 1999 - 2015 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, April 18, 2015.


Tanzania Inflation Rate Edges Up to 4.3% in March


Consumer prices in Tanzania rose 4.3 percent year-on-year in March of 2015, slightly up from 4.2 percent in February boosted by higher food cost.

The inflation rate stayed below government’s 5 percent target for the fourth straight month in March after touching a 4-1/2-year low of 4 percent in January of 2015.

Year-on-year, food prices rose 5.9 percent in March, after increasing 4.9 percent in the previous two months, boosted by increase in cost of rice and vegetables (5 percent and 5.3 percent, respectively).

Additional upward pressures came from: housing, water, electricity and gas (3.6 percent); clothing and footwear (3.7 percent); furnishings and household equipment (1.0 percent); restaurants and hotels (5.1 percent); miscellaneous goods and services (4.8 percent); and alcoholic beverages and tobacco (5.4 percent). On the other hand, the biggest price decrease was reported for transport (- 2.4 percent).

On a monthly basis, the consumer price index increased by 0.7 percent, easing from a 1.6 percent rise in the previous month, due to falls in  transport prices (-1.1 percent), housing, water, electricity and gas (-2.1 percent) and furnishings and household equipment (-0.3 percent).


National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/9/2015 1:29:01 PM


Recent Releases

Tanzania Inflation rate Accelerates in February
Tanzania’s consumer prices increased 4.2 percent in February of 2014 over the same month of the previous year due to higher food prices. Published on 2015-03-09

Tanzania Inflation Rate Slows to 4%
Tanzania’s annual inflation rate eased for the fifth straight month to 4 percent in January of 2015 from 4.8 percent in the previous month, due to slower rises in food and fuel cost. Published on 2015-02-09


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-09 10:30 AM
Inflation Rate YoY  Jan
4.0% 4.8% 4.58%
2015-03-09 10:30 AM
Inflation Rate YoY  Feb
4.2% 4.0% 3.69%
2015-04-08 11:30 AM
Inflation Rate YoY  Mar
4.3% 4.2% 4.6%
2015-05-08 11:30 AM
Inflation Rate YoY  Apr
4.3% 3.49%
2015-06-08 11:15 AM
Inflation Rate YoY  May
3.47%
2015-07-08 11:40 AM
Inflation Rate YoY  Jun
3.49%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 4.30 4.20 19.80 3.40 percent [+]
Consumer Price Index CPI 155.00 152.60 155.00 0.40 Index Points [+]
Food Inflation 5.90 4.90 27.84 4.90 percent [+]
Inflation Rate Mom 0.70 1.60 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 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]