Tanzania Annual Inflation Remain at 4% in January 2018

Tanzania Inflation January 2018

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for January 2018 has stagnated at 4.0% as it was recorded in December 2017.

The overall index went up to 110.13 in January 2018 from 105.92 recorded in January 2017.

Food and Non-Food Inflation Rates

Food and Non-Alcoholic Beverages Inflation Rate for the month of January 2018 has increased to 6.3% from 6.2% recorded in December 2017.

The 12-month index change for non-food products has also stagnated at 2.8% in January 2018 as it was recorded in December 2017.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of January 2018 has slightly increased to 1.4% from 1.3% recorded in December 2017.

Monthly Headline Inflation Rate
The Consumer Price Index from December 2017 to January 2018 has changed by 0.8%, compared to a change of 0.2% recorded from November 2017 to December 2017.

The overall index has increased to 110.13 in January 2018 from 109.21 recorded in December 2017.

The increase of the overall index is attributed to a price increase for both food and non-food items.

Some food items that contributed to such an increase include; rice by 1.6%, maize grains by 1.5%, fresh fish by 4.9%, cooking oils by 1.4%, fruits by 2.1%, vegetables by 4.2%, beans by 2.3%, round potatoes by 3.2% and cooking bananas by 4.3%.

On the other hand, non-food items that contributed to such an increase include; school uniforms by 2.1%, kerosene by 2.2%, diesel by 1.7%, primary school fees for private schools by 5.7% and secondary school fees for private schools by 2.7%.

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