Tanzania Annual Inflation Decrease to 3.0% in November 2018

TANZANIA INFLATION NOVEMBER 2018

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for November 2018 has slightly decreased to 3.0% from 3.2% recorded in October 2018. 

The overall index went up to 112.17 in November 2018 from 108.94 recorded in November 2017.

Food and Non-Food Inflation Rates
Food and Non-Alcoholic Beverages Inflation Rate for the month of November 2018 has decreased to 0.4% from 1.2% recorded in October 2018.

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Annual Inflation Rate for food consumed at home and away from home has also decreased to 2.0% in November 2018 from 2.5% recorded in October 2018.

However, the 12-month index change for non-food products in November 2018 has increased to 5.3% from 5.0% recorded in October 2018.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of November 2018 has increased to 2.6% from 2.3% recorded in October 2018.

Monthly Headline Inflation Rate
The Consumer Price Index from October 2018 to November 2018 has increased by 0.3% compared to a decrease of 0.3% recorded in October 2018 from September 2018.

The overall index has increased to 112.17 in November 2018 from 111.83 recorded in October 2018.

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

Some non-food items that contributed to such increase include; kerosene by +0.2%, charcoal by +0.2%, firewood by +0.5%, diesel by +9.7% and petrol by +1.5%.

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