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

The inflation rate in Tanzania was recorded at 6.60 percent in September 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
6.60 6.70 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, October 21, 2014.


Tanzania Inflation Rate Slightly Down in September


Tanzanian annual inflation rate decreased to 6.6 percent in September of 2014 from 6.7 percent in the previous month, driven by lower food price increases.

Cost of food and non-alcoholic beverages rose 8.5 percent in September following an 8.8 percent increase in August. In contrast, prices of housing, water, electricity and gas recorded the highest increase of the month (10.7 percent), up from 10.3 percent in August.  

On a monthly basis, consumer prices rose by 0.4 percent in September from 0.1 percent in August, driven by an increase of both food and non-food prices. In the food category, vegetables and fruits grew the most (3.9 and 2.3 percent respectively). Among non-food items’ cost, charcoal increased 1.5 percent and school uniforms went up 1.4 percent.

Annual core inflation which excludes food and energy prices was flat at 3.1 percent in September.

National Bureau of Statistics | Ricardo Martins | ricardo.martins@tradingeconomics.com
10/8/2014 2:06:51 PM


Recent Releases

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. Published on 2014-09-08

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 6.6% 6.7% 7%
2014-11-07 11:30 AM Tanzania
Inflation Rate YoY
Oct 2014 6.6% 6.54%


Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 6.60 6.70 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 Mom 0.12 -0.60 24.89 -2.88 Percent [+]