Tanzania Annual Inflation Decrease to 3% in January 2019

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for January 2019 has decreased to 3.0% from 3.3% recorded in December 2018.  

The overall index went up to 113.38 in January 2019 from 110.13 recorded in January 2018.

Food and Non-Food Inflation Rates
Food and Non-Alcoholic Beverages Inflation Rate for the month of January 2019 has decreased to 0.7% from 1.0% recorded in December 2018.

Annual Inflation Rate for food consumed at home and away from home has also decreased to 2.3% in January 2019 from 2.6% recorded in December 2018.

Moreover, the 12-month index change for non-food products in January 2019 has decreased to 5.1% from 5.4% recorded in December 2018.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of January 2019 has stagnated at 3.1% as it was recorded in December 2018.

Monthly Headline Inflation Rate
The Consumer Price Index from December 2018 to January 2019 has increased by 0.5%.

The overall index has increased to 113.38 in January 2019 from 112.76 recorded in December 2018.

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

Some food items that contributed to such an increase include; rice by 2.8%, white maize grains by 6.3%, vegetables by 1.2%, round potatoes by 4.5%, sweet potatoes by 2.6%, dry cassava by 2.4% and cooking bananas 6.0%.

Non-food items that contributed to such an increase include; children’s school uniform by 5.0%, private primary school fee by 2.2% and private secondary school fee by 2.6%.