Foreign Exchange Rates

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Tuesday, 13 January 2015

TANZANIA INFLATION DECREASES TO 4.8% IN DECEMBER 2014

According to The National Bureau of Statistics of Tanzania the Annual Headline Inflation Rate for the month of December, 2014 decreased to 4.8% from 5.8% in November, 2014.

The National Consumer Price Index (NCPI) which measures the change over time in the cost of a fixed basket of 224 goods and services purchased by a representative sample of households in Tanzania on monthly basis, increased from 144.07 in December 2013 to 150.92 in December 2014.
Food and Non-alcoholic Beverages Inflation Rate has decreased to 5.7% in December 2014 from 7.0% recorded in November 2014.
In addition, the 12 month index change for non food products has decreased to 3.6% in December 2014 from 4.5% recorded in November 2014.

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