Tanzania Inflation Rate  1999-2016 | Data | Chart | Calendar | Forecast

Annual inflation in Tanzania eased to 5.4 percent in March of 2016 from 5.6 percent in February. It is the lowest figure since May 2015, mainly due to a slowdown in food inflation. Cost of food and non-alcoholic beverages (8.3 percent from 9.5 percent in February) and clothing and footwear (4.2 percent from 4.5 percent in February) rose at a slower pace and communication fell 1 percent (+0.4 percent). In contrast, prices of transport (2.6 percent from 2 percent) and housing, water, electricity gas and other fuels increased 5.5 percent (+0.8 percent in February) rose at a faster pace. On a monthly basis, consumer prices increased 0.5 percent. Inflation Rate in Tanzania averaged 7.45 percent from 1999 until 2016, 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
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Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.60 19.80 3.40 1999 - 2016 percent Monthly
2015=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 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-08 10:30 AM Jan 6.5% 6.8% 6.87%
2016-03-08 10:30 AM Feb 5.6% 6.5% 6.52%
2016-04-08 02:00 PM Mar 5.4% 5.6% 5.24%
2016-05-09 10:30 AM Apr 5.4% 5.22%
2016-06-08 10:35 AM May 5.05%
2016-07-08 10:20 AM Jun 4.89%

Tanzania Inflation at 10-Month Low


Consumer prices in Tanzania went up 5.4 percent year-on-year in March of 2016 following a 5.6 percent rise in February. It is the lowest figure since May 2015, mainly due to a slowdown in food inflation.

Compared to March 2015, cost of food and non-alcoholic beverages (8.3 percent from 9.5 percent in February) and clothing and footwear (4.2 percent from 4.5 percent in February) rose at a slower pace and communication fell 1 percent (+0.4 percent). In contrast, prices of transport (2.6 percent from 2 percent) and housing, water, electricity gas and other fuels (5.5 percent  from 0.8 percent in February) rose at a faster pace. 

Annual core inflation rate was recorded at 2.8 percent, up from 2.5 percent in the previous month.

On a monthly basis, consumer prices increased 0.5 percent, as cost of food and non-alcoholic beverages (+0.7 percent) and housing and utilities (+2.5 percent) increased the most. In contrast, prices of transport (-0.5 percent); communication (-1.4 percent) and miscellaneous goods and services (-0.2 percent) went down, while prices for clothing and footwear and education were flat. 

National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
4/20/2016 2:39:27 PM

Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 5.40 5.60 19.80 3.40 percent [+]
Consumer Price Index CPI 101.93 101.44 101.93 58.89 Index Points [+]
Food Inflation 8.30 10.70 27.84 4.90 percent [+]
Producer Prices 114.80 111.60 114.80 103.60 Index points [+]
Import Prices 116.40 115.10 116.40 100.00 Index points [+]
Inflation Rate Mom 0.50 0.70 24.89 -2.88 percent [+]
Export Prices 125.30 121.30 125.30 100.00 Index points [+]
Cpi Transportation 98.61 99.12 100.74 75.59 Index Points [+]




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