The Latest

Tanzania Annual Inflation Decrease to 5.1% in July 2016

August 11, 2016
1 minute read
tanzania inflation july 2016

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5.1% in July 2016 compared to 5.5% in June 2016.

Food and Non Alcoholic Beverages Inflation Rate recorded in July 2016 decreased to 7.6% from 8.1% recorded in June 2016.

The Annual Inflation Rate for food consumed at home and away from home decreased to 7.8% in July 2016 from 8.3% recorded in June 2016.

Tanzania Investment Guide 2026 Free Edition

In addition, the 12 month index change for non food products decreased to 3.2% in July 2016 from 3.6% in June 2016.

The Annual Inflation Rate which excludes food and energy decreased to 2.6% in July 2016 from 3% in June 2016.

The purchasing power of 100 Tanzanian Shillings reached TZS96 and 62 cents in July 2016 from December 2015. It was TZS96 and 65 cents in June 2016.

After a peak of 6.8% in December 2015, inflation in Tanzania has been steadily decreasing reaching 5.1% in April 2016, slightly increasing to 5.5% in June 2016 and again falling to 5.1% in July 2016.

Want to know more about the Economy in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the Economy, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Tweet
Share
Share
Share
Related Posts
Tanzania Fitch Ratings
Read More

Fitch Revises Tanzania Outlook to Positive, Affirms ‘B+’ Rating, Forecasts GDP Growth of 5.8% in 2026 Driven by Tourism and Mining

Fitch Ratings revised Tanzania's outlook to positive from stable while affirming the sovereign rating at 'B+', citing strengthening reserves and a gradual decline in government debt, warning, however, that the credit rating remains constrained by weak governance and low government revenue. The agency forecasts real GDP growth of 5.8% in 2026 and an average of 6.1% in 2027 and 2028, driven by public investment, tourism, the country's role as a regional logistics hub, and expansion in the mining sector.
Tanzania World Bank
Read More

Tanzania and World Bank Finalize KAZI MPA Central Corridor Jobs Programme to Boost Youth Employment and Private-Sector Growth

The Government of Tanzania and the World Bank have finalized technical preparations for KAZI MPA, the Catalyzing Jobs and Resilient Growth in the Central Corridor Multiphase Programmatic Approach. The programme aims to expand youth employment, increase investment and strengthen private-sector participation along the Central Corridor in line with Tanzania Development Vision 2050.
Tanzania Fitch Ratings
Read More

Tanzania Tells Fitch Ratings Economy Set to Grow 6.3% in 2026

Tanzania's Minister of Finance told Fitch Ratings that its economy is projected to grow 6.3% in 2026, up from 5.9% in 2025, driven by mining, gas, energy, agriculture, and infrastructure investment. He also acknowledged that the growth rate had not yet returned to pre-COVID-19 levels.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free