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.

Download Free OverviewGet the Full Guide
Related Posts
Tanzania-France Business Roundtable in Paris where TPSF and ICC signed a partnership
Read More

Tanzania’s Private Sector Foundation Joins the International Chamber of Commerce

The Tanzania Private Sector Foundation (TPSF) has become an official member of the International Chamber of Commerce (ICC) under a strategic partnership signed at the Tanzania-France Business Roundtable in Paris. TPSF will promote the ICC's trade, dispute-resolution and investment services in Tanzania and establish an ICC Tanzania National Committee, with an office to be launched within a year.
Central Bank of Tanzania BOT CBR Interest Rate Q3 2026
Read More

BOT Raises Tanzania Central Bank Rate to 6.25% for Q3 2026; GDP Growth Estimated at 6% in H1 2026, Driven by Agriculture, Construction, Mining, and Tourism

The Bank of Tanzania (BOT) released its Monetary Policy Committee Statement of July 2026, in which it indicates that the MPC decided to raise the Central Bank Rate (CBR) from 5.75% to 6.25% for the third quarter of 2026. The decision aims to contain inflation driven by high energy, fertilizer, and transportation costs linked to the geopolitical conflict in the Middle East.
Tanzania dividends state-owned companies 2025-2026 infographic
Read More

Tanzania State-Owned Companies’ Dividends Rise 30% to TZS 1.327 Trillion in 2025/26 FY, Twiga Minerals Leads with TZS 221.9 Billion

Tanzania state-owned companies' dividends in 2025/26 FY totaled TZS 1.327 trillion from 308 enterprises and minority-held companies, a 30% increase from TZS 1.028 trillion in 2025, though below the TZS 1.5 trillion target set by President Samia last year. Twiga Minerals Corporation led all dividend payers with TZS 221.9 billion, more than double its 2025 payout, while the Tanzania Ports Authority (TPA) topped Consolidated Fund contributors with TZS 205.5 billion.
Tanzania TISEZA Investments Projects Q4 2025 October-Dicember
Read More

Tanzania Investment Hits USD 3.16 Billion in Q4 2025, Four SEZs and Two PPPs Open to Investors

The Tanzania Investment and Special Economic Zones Authority registered 278 projects worth USD 3.16 billion in Q4 2025, more than doubling the USD 1.57 billion recorded a year earlier, with 71,412 jobs projected and China leading foreign direct investment at USD 950 million. The bulletin also opens four Special Economic Zones in Bagamoyo, Kibaha, Dodoma, and Kahama covering over 2,100 hectares, alongside two Dar es Salaam public-private partnership projects worth a combined TZS 182 billion, to investors in manufacturing, agro-processing, mining, and real estate.