The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for August 2021 stayed at 3.8%, the same recorded in July 2021.
The overall index went up from 99.96 recorded in August 2020 to 103.80 in August 2021.
Food and Non-Alcoholic Beverages Inflation Rate for the month of August 2021 has decreased to 3.6% from 5.1% recorded in July 2021.
The Annual Inflation Rate for all items without Food and Non-Alcoholic Beverages has increased to 4.0% in August 2021 from 3.3% recorded in July 2021.
Table 1: Changes in Tanzania National Consumer Price Indices (NCPI) for August 2021, (2020 = 100)
Tanzania Monthly Inflation Rate – August 2021
The National Consumer Price Index has decreased from 104.32 recorded in July 2021 to 103.80 in August 2021.
The decrease of the overall index is mainly attributed to a price decrease for some food items.
Food items that contributed to the decrease of the index include wheat grains by 2.2%, sorghum grains by 2.0%, finger millet grains by 9.0%, vegetable by 5.2%, beans by 3.7%, cooking bananas by 1.6%, dried peas by 0.7%, cassava by 1.2%, cassava flour by 1.3%, meat by 9.6% and the decreasing trend of prices for maize and maize flour.