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The National Bureau of Statistics of Tanzania (NBS) said that the Annual Headline Inflation Rate for the month of August 2022 is marginally up from 4.5% in July to 4.6%
The National Bureau of Statistics of Tanzania (NBS) said that the Annual Headline Inflation Rate for the month of August 2022 is marginally up from 4.5% in July to 4.6%. The overall index went up from 103.80 in August 2021 to 108.63 in August 2022. Food and Non-Alcoholic Beverages Inflation Rates Food and Non-Alcoholic Beverages Inflation Rate for August 2022 has increased to 7.8% from 6.5% recorded in July 2022.
Headline inflation is the raw inflation figure reported through the Consumer Price Index (CPI). The CPI calculates the cost to purchase a fixed basket of goods to determine how much inflation is occurring in the broad economy.
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The Annual Inflation Rate for all items without Food and Non-Alcoholic Beverages for August 2022 has decreased to 3.4% from 3.8% recorded in July 2022.
