Tanzania Annual Inflation Increase to 3.8% in July 2021, the Highest Since December 2019

TANZANIA INFLATION RATES JULY 2020- JULY 2021

The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for July 2021 has increased to 3.8% from 3.6% recorded in June 2021.

This is the highest since the same level of inflation was reached in November and December 2019.

The overall index went up from 100.49 recorded in July 2020 to 104.32 in July 2021.

Tanzania Investment Guide 2026 Free Edition

The food and non-alcoholic beverages inflation rate for the month of July 2021 has increased to 5.1% from 4.7% recorded in June 2021.

The annual inflation rate for all items without food and non-alcoholic beverages has increased to 3.3% in July 2021 from 3.2% recorded in June 2021.

Table 1: Changes in Tanzania National Consumer Price Indices (NCPI) for July 2021, (2020 = 100)

Source: Tanzania National Bureau of Statistics of Tanzania (NBS)

Tanzania Monthly Inflation Rate – July 2021

The National Consumer Price Index has increased from 104.30 recorded in June 2021 to 104.32 in July 2021.

The increase of the overall index is mainly attributed to the price increase for some nonfood items. Some non-food items that contributed to an increase in the index include: kerosene by 5.0%, charcoal by 1.3%, diesel by 5.1%, and petrol by 5.4%.

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
Related Posts
Tanzania World Bank
Read More

Tanzania and World Bank Finalize KAZI MPA Central Corridor Jobs Programme to Boost Youth Employment and Private-Sector Growth

The Government of Tanzania and the World Bank have finalized technical preparations for KAZI MPA, the Catalyzing Jobs and Resilient Growth in the Central Corridor Multiphase Programmatic Approach. The programme aims to expand youth employment, increase investment and strengthen private-sector participation along the Central Corridor in line with Tanzania Development Vision 2050.
Tanzania Tells Fitch Ratings Economy Set to Grow 6.3% in 2026
Read More

Tanzania Tells Fitch Ratings Economy Set to Grow 6.3% in 2026

Tanzania's Minister of Finance told Fitch Ratings that its economy is projected to grow 6.3% in 2026, up from 5.9% in 2025, driven by mining, gas, energy, agriculture, and infrastructure investment. He also acknowledged that the growth rate had not yet returned to pre-COVID-19 levels.
United States Fiscal Transparency Report
Read More

Tanzania Missed 2026 US Fiscal Transparency Standard, Made Progress

The US Department of State's 2026 Fiscal Transparency Report found Tanzania among 67 of 139 governments that did not meet minimum fiscal transparency requirements for the review period covering 1 January to 31 December 2025, though it was one of 14 governments recognized for making significant progress toward the standard.