According to The National Bureau of Statistics of Tanzania (NBS) the Annual Headline Inflation Rate for the month of March 2016 decreased to 5.4% from 5.6% in February, 2016.
The National Consumer Price Index (NCPI) which measures the change over time in the cost of a fixed basket of 278 goods and services purchased by a representative sample of households in Tanzania on monthly basis, increased to 101.93 in March 2016 from 96.69 in March 2015.
Food and Non Alcoholic Beverages Inflation Rate for the Month of March 2016 has slightly decreased to 8.3% from 9.5% recorded in February 2016.
Annual Inflation Rate for food consumed at home and away from home has slightly decreased to 8.0% in March, 2016 from 9.1% recorded in February 2016.
In addition, the 12 month index change for non food products has increased to 3.0% in March 2016 from 1.9% recorded in February 2016
The Annual Inflation Rate which excludes food and energy for the month of March 2016 has increased to 2.8% from 2.5% recorded in February 2016.
The purchasing power of 100 Tanzanian Shillings has reached TZS 98 and 11 cents in March 2016 from December 2015.
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
