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Tanzania Annual Inflation Slightly Increase to 3.4% in September 2018

October 9, 2018
1 minute read
TANZANIA INFLATION SEPTEMBER 2018

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for September 2018 has slightly increased to 3.4% from 3.3% recorded in August 2018. 

The overall index went up to 112.12 in September 2018 from 108.48 recorded in September 2017.

Food and Non-Food Inflation Rates
Food and Non-Alcoholic Beverages Inflation Rate for the month of September 2018 has further decreased to 2.0% from 2.2% recorded in August 2018.

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Annual Inflation Rate for food consumed at home and away from home has also decreased to 3.1% in September 2018 from 3.2% recorded in August 2018.

However, the 12-month index change for non-food products in September 2018 has increased to 4.8% from 4.6% recorded in August 2018.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of September 2018 has increased to 2.2% from 2.0% recorded in August 2018.

Monthly Headline Inflation Rate
The Consumer Price Index from August 2018 to September 2018 has increased by 0.1% compared to a decrease of 0.4% recorded in August 2018 from July 2018.

The overall index has increased to 112.12 in September 2018 from 112.01 recorded in August 2018.

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The increase of the overall index is mainly attributed to the price increase of non-food items.

Some non-food items that contributed to such increase include; garments for men by 4.2%, footwear for women by 2.9%, rent by 2.4%, materials for the maintenance and repair of the dwelling by 2.7%, firewood by 6.8% and school books by 1.4%.

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