Tanzania Inflation Increases To 6.7% in August 2014

According to The National Bureau of Statistics of Tanzania the Annual Headline Inflation Rate for the month of August, 2014 increased to 6.7% from 6.5% in July, 2014.

The National Consumer Price Index (NCPI) which measures the change over time in the cost of a fixed basket of 224 goods and services purchased by a representative sample of households in Tanzania on monthly basis, increased from 149.16 in July 2014 to 149.31 in August 2014.

Food and Non Alcoholic Beverages Inflation Rate has increased to 8.8% in August 2014 from 8.1% recorded in July 2014.

In addition, the 12 month index change for non food products has decreased to 4.5% in August 2014 from 4.9% recorded in July 2014.

The Annual Inflation Rate which excludes food and energy for the month of August 2014 has slightly decreased to 3.1% in August 2014 from 3.2% recorded in July 2014.

tanzania-inflation-rates-august-2014

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