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Tanzania Annual Inflation Decrease to 4.4% in November 2017

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TANZANIA INFLATION NOVEMBER 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of November 2017 has decreased to 4.4% from 5.1% recorded in October 2017.

The overall index went up to 108.94 in November 2017 from 104.32 recorded in November 2016.

Food and Non-Food Inflation Rates

Annual Inflation Rate for food consumed at home and away from home has decreased to 7.9% in November 2017 from 9.4% recorded in October 2017.

In addition, the 12-month index change for non-food products has slightly decreased to 2.9% in November 2017 from 3.0% recorded in October 2017.

Inflation Rate Excluding Food and Energy
The Annual Inflation Rate which excludes food and energy for the month of November 2017 has decreased to 1.4% from 1.7% recorded in October 2017.

Monthly Headline Inflation Rate
The Consumer Price Index from October 2017 to November 2017 has changed by 0.5%, compared to negative 0.1% recorded in October 2017.

The overall index has increased to 108.94 in November 2017 from 108.41 recorded in October 2017.

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

Some food items that contributed to such an increase include: rice by 0.9%, sorghum grain by 2.5%, sorghum flour by 6.9%, fresh fish by 3.2%, dried sardines by 4.2%, vegetables by 1.5%, round potatoes by 5.7%, cassava fresh by 2.7%, sweet potatoes by 2.8%, dry cassava by 4.2%.

On the other hand, non-food items that contributed to such increase include; kerosene by 4.6%, diesel by 2.0% and petrol by 2.8%.


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