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Channel: Economy of Tanzania in 2023 and 2024- March 2024 Update
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Tanzania’s Annual Inflation Hits Record Low of 3.1% in 2024, the Lowest Ever

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Tanzania's annual inflation rate decreased to 3.1% in 2024 from 3.8% in 2023. This was driven by a drop in food inflation to 2.1% in 2024 from 6.8% in 2023, following government efforts to boost food production and supply.

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