Inflation, CPI (Average) in Tanzania

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Average inflation measured by CPI reached 3.51 % in 2018 in Tanzania, according to the National Statistical Office. This is 34.1 % less than in the previous year.

Historically, average inflation measured by CPI in Tanzania reached an all time high of 37.9 % in 1994 and an all time low of 3.49 % in 1970. When compared to Tanzania's main peers, average inflation measured by CPI in Kenya amounted to 4.69 %, 3.91 % in Mozambique, 2.62 % in Uganda and 6.99 % in Zambia in 2018.

Tanzania has been ranked 66th within the group of 175 countries we follow in terms of average inflation measured by CPI, 6 places above the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

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