Tanzania Annual Inflation Decrease to 4.4% in November 2017

TANZANIA INFLATION NOVEMBER 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of November 2017 has decreased to 4.4% from 5.1% recorded in October 2017.

The overall index went up to 108.94 in November 2017 from 104.32 recorded in November 2016.

Food and Non-Food Inflation Rates

Annual Inflation Rate for food consumed at home and away from home has decreased to 7.9% in November 2017 from 9.4% recorded in October 2017.

In addition, the 12-month index change for non-food products has slightly decreased to 2.9% in November 2017 from 3.0% recorded in October 2017.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of November 2017 has decreased to 1.4% from 1.7% recorded in October 2017.

Monthly Headline Inflation Rate
The Consumer Price Index from October 2017 to November 2017 has changed by 0.5%, compared to negative 0.1% recorded in October 2017.

The overall index has increased to 108.94 in November 2017 from 108.41 recorded in October 2017.

The increase of 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 0.9%, sorghum grain by 2.5%, sorghum flour by 6.9%, fresh fish by 3.2%, dried sardines by 4.2%, vegetables by 1.5%, round potatoes by 5.7%, cassava fresh by 2.7%, sweet potatoes by 2.8%, dry cassava by 4.2%.

On the other hand, non-food items that contributed to such increase include; kerosene by 4.6%, diesel by 2.0% and petrol by 2.8%.

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