Policy Interest Rate in Tanzania
Softer price increases for food, transport, and housing and utilities pushed inflation down to an 11-month low of 4.3% in April (March: 4.7%). On average, inflation will be higher this year than in 2022, but will hover around the Central Bank’s 5.0% target. A more dynamic economy and a weaker shilling will push inflation up.
Tanzania Policy Interest Rate Chart
This chart displays Policy Interest Rate (%) for Tanzania from 2013 to 2022.
Tanzania Policy Interest Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Discount Rate (%, eop) | 9.00 | 7.00 | 7.00 | 5.00 | 5.00 |