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Tanzania Annual Inflation Decrease to 3.4% in June 2018


The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for June 2018 has decreased to 3.4% from 3.6% recorded in May 2018.

The overall index went up to 112.81 in June 2018 from 109.10 recorded in June 2017.

Food and Non-Food Inflation Rates
Food and Non-Alcoholic Beverages Inflation Rate for the month of June 2018 has increased to 3.4% from 2.6% recorded in May 2018.

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The 12-month index change for non-food products in June 2018 has decreased to 4.0% from 4.5% recorded in May 2018.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of June 2018 has stagnated at 1.6% as it was recorded in May 2018.

Monthly Headline Inflation Rate
The Consumer Price Index from May 2018 to June 2018 has changed negatively by 0.4% compared to a positive change of 0.03% recorded from April 2018 to May 2018.

The overall index has decreased to 112.81 in June 2018 from 113.24 recorded in May 2018.

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

Some non food items that contributed to such decrease include; beer by 1.1%, maintenance and repair of carpentry and floors by 1.4%, cooking gas by 0.6%, firewood by 6.3%, maintenance and repair of transport equipment by 8.5%, electronic equipments by 2.0%, food and drinks from restaurants and hotels by 0.2% and hairdressing for women by 0.1%.

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