Stronger price increases for food and transport pushed inflation to 4.9% in January (December: 4.8%). Meanwhile, at its 31 January meeting, the Monetary Policy Committee left its key rate unchanged at 5.00% as inflation remained below target, but continued tightening its stance via other policy measures. Inflation will likely surpass the target this year.
Tanzania Inflation (CPI, ann. var. %, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, eop) | 4.0 | 3.3 | 3.8 | 3.2 | 4.2 |