Tanzania Inflation Rate  1999-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Tanzania increased 6.4 percent year-on-year in March of 2017, following a 5.5 percent rise in February. It is the highest inflation rate since January of 2016, driven by higher food and transport cost. Inflation Rate in Tanzania averaged 7.32 percent from 1999 until 2017, 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.

Tanzania Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-08 11:00 AM Jan 5.2% 5% 5.1%
2017-03-08 10:25 AM Feb 5.5% 5.2% 5.3%
2017-04-10 10:30 AM Mar 6.4% 5.5% 5.7%
2017-05-08 10:30 AM Apr 6.4% 5.7%
2017-06-08 10:30 AM May 5.8%
2017-07-10 10:30 AM Jun 5.9%




Tanzania Inflation Rate At 14-Month High Of 6.4%


Consumer prices in Tanzania increased 6.4 percent year-on-year in March of 2017, following a 5.5 percent rise in February. It is the highest inflation rate since January of 2016, driven by higher food and transport cost.

Year-on-year, prices rose faster for food and non-alcoholic beverages (11 percent vs 8.7 percent in February); transport (1.5 percent vs 0.6 percent); clothing and footwear (3.4 percent vs 3.2 percent) and furnishing (3.9 percent vs 3.8 percent). In addition, prices fell less for communication (-0.1 percent vs -1.5 percent). In contrast, cost increased less for housing and utilities (6.8 percent vs 8.7 percent) and restaurants and hotels (3.6 percent vs 3.9 percent).

Annual core inflation, which excludes food and energy, was steady at 2.2 percent. 

On a monthly basis, consumer prices went up 1.4 percent, higher than 1 percent in February, boosted by a 2.8 percent increase in cost of food and non-alcoholic beverages, namely rice (4.7 percent); sugar (3.9 percent); maize flour (6.7 percent); sorghum grain (4.1 percent); cooking banana (4.6 percent); fresh cassava (7.7 percent); vegetables (4 percent) and dried sardines (3.2 percent). Additional upward pressure came from cooking gas (11.9 percent), petrol (4.6 percent) and diesel (3.2 percent). 

National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
4/10/2017 11:20:27 AM



Tanzania Prices Last Previous Highest Lowest Unit
Inflation Rate 6.40 5.50 19.80 3.40 percent [+]
Consumer Price Index CPI 108.44 106.97 108.44 58.89 Index Points [+]
Food Inflation 11.00 8.70 27.84 4.90 percent [+]
Producer Prices 115.10 116.20 118.80 103.60 Index points [+]
Inflation Rate Mom 1.40 1.00 24.89 -2.88 percent [+]
Import Prices 116.50 117.10 117.10 100.00 Index points [+]
Export Prices 131.80 128.80 131.80 100.00 Index points [+]
Cpi Transportation 100.14 99.72 100.74 75.59 Index Points [+]


Tanzania Inflation Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.40 5.50 19.80 3.40 1999 - 2017 percent Monthly
2015=100



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