Tanzania Annual Inflation Slow Down to 3.4% in September 2019

TANZANIA INFLATION SEPTEMBER 2019

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for September 2019 has decreased to 3.4% from 3.6% recorded in August 2019.

The overall index went up to 115.92 in September 2019 from 112.12 recorded in September 2018.

Food and Non-Food Inflation Rates
Food and Non-Alcoholic Beverages Inflation Rate for the month of September 2019 has increased to 4.0% from 3.7% recorded in August 2019.

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Annual Inflation Rate for food consumed at home and away from home for the month of September 2019 has slightly increased to 5.1% from 5.0% recorded in August 2019.

On the other hand, the 12-month index change for non-food products in September 2019 has decreased to 3.1% from 3.5% recorded in August 2019.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of September 2019 has decreased to 2.7% from 2.9% recorded in August 2019.

Monthly Headline Inflation Rate
The Consumer Price Index from August, 2019 to September 2019 has decreased by 0.1% compared to a decrease by 0.5% recorded from July 2019 to August 2019.

The overall index has decreased to 115.92 in September 2019 from 116.01 recorded in August 2019.

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The decrease of the overall index is mainly attributed to the price decrease for food items.

Some food items that contributed to such a decrease include: sardines by -2.5%; fruits by -1.1%; vegetables by -1.2%; peas by -4.0%; cocoyam by -3.7% and round potatoes by -4.2%.

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