The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate slightly increased to 4.8% in November 2016, from 4.5% in October 2016.
Food and Non-Alcoholic Beverages Inflation Rate recorded in November 2016 increased to 6.2% from 6.0% recorded in October 2016.
The Annual Inflation Rate for food consumed at home and away from home increased to 6.4% in November 2016 from 6.0% recorded in October 2016.
In addition, the 12-month index change for non-food products increased to 3.8% in November 2016 from 2.9% in October 2016.
The Annual Inflation Rate, excluding food and energy, increased to 2.6% in November 2016, compared to 2.4% in October 2016.
The purchasing power of 100 Tanzanian Shillings reached TZS95 and 98 cents in November 2016 compared to TZS95 and 86 cents in October 2016.
After a peak of 6.8% in December 2015, inflation in Tanzania has been steadily decreasing, reaching 5.1% in April 2016, slightly increasing to 5.5% in June, and again, falling to 5.1% in July, 4.9% in August, and 4.5% in September and October 2016.
Tanzania’s inflation rate is projected to remain stable at 5% throughout H1 2017 and to remain constant in the medium term.
Want to know more about the Economy in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the Economy, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.
Download Free OverviewGet the Full Edition for Free
