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Tanzania records slight inflation increase in September this year-NBS  

Ephraim Kwesigabo, Director of population census at NBS said that the overall index has increased to 108.48 in September 2017 from 108.46 recorded in August.

Tanzania records slight inflation increase in September this year-NBS  

Ephraim Kwesigabo, Director of population census at NBS said that the overall index has increased to 108.48 in September 2017 from 108.46 recorded in August.

09 October 2017 Monday 17:35
Tanzania records slight inflation increase in September this year-NBS  

By Moshi Shabani

TANZANIA’S monthly headline inflation rate for the month of September 2017 has increased by 0.02 percent compared to a decrease of 0.4 percent recorded in August 2017, the National Bureau of Statistics (NBS) has said.

Speaking in Dar es Salaam on Monday, Ephraim Kwesigabo, Director of population census and social statistics at NBS said that the overall index has increased to 108.48 in September 2017 from 108.46 recorded in August 2017.

He also said that the increase of the overall index is attributed to price increase of food and nonfood items such as dried sardines by 7.6 percent, dried fruit such as coconuts by 3.1 percent, sweet potatoes by 3.0 percent.

Further increase in rice by 1.5 percent and bananas by 1.5 percent, and some non- food items that contributed such increase include charcoal by 4.0 percent, diesel by 2.4 percent and petrol by 0.6 percent.

Kwesigabo has also said that the purchasing power has changed in the value of consumer goods and services that a Tanzanian shilling could buy at a different periods.

According to him the purchasing power of Tanzanian shillings has reached 92 and 18 cents in September 2017, compared to 92 and 20 cents recorded in August 2017.

Azania Post

Updated: 09.10.2017 17:45
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