Inflation in Tanzania
Tanzania - Inflation (end of period)The economy seemingly continued to strengthen in Q2 and at the outset of Q3, after the first quarter’s expansion: Both goods imports and exports continued to grow robustly in April–August, pointing to stronger demand dynamics, although a favorable base effect flattered the readings. Moreover, despite slowing in annual terms at the tail end of Q2, personal credit growth remained robust, and accelerated in July and August, which should have supported spending. However, higher inflation in June–September could have tempered the overall improvement. Lastly, on 10 October, the government roughly outlined its plans to use two IMF loans approved last month primarily to invest in education and welfare, with other sizable amounts directed at water projects in mainland Tanzania. Meanwhile, some USD 100 million will be allocated to Zanzibar.
Tanzania - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||6.8||5.0||4.0||3.3||3.8|
5 years of economic forecasts for more than 30 economic indicators.
Tanzania Inflation (eop) Chart
Source: National Bureau of Statistics
|Bond Yield||14.73||0.0 %||Dec 31|
|Exchange Rate||2,300||0.0 %||Jan 01|
|Stock Market||1.2||0.0 %||Jan 06|
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