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The National Bureau of Statistics of Tanzania (NBS) said that the Annual Headline Inflation Rate for the month of July 2023 decreased to 3.3% from 3.6% recorded in June 2023
The National Bureau of Statistics of Tanzania (NBS) said that the Annual Headline Inflation Rate for the month of July 2023 decreased to 3.3% from 3.6% recorded in June 2023.
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The overall index went up from 109.05 recorded in July 2022 to 112.67 in July 2023. Food and Non-Alcoholic Beverages Inflation Rate for July 2023 has decreased to 6.1% from 7.8% recorded in June 2023. The Annual Inflation Rate for all items without food and non-alcoholic beverages for July 2023 increased to 2.2% from 1.8% recorded in June 2023. Monthly Consumer Price Index June 2023 – July 2023 The National Consumer Price Index for July 2023 has decreased to 112.67 from 112.81 which was recorded in June 2023.
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The decrease in the overall index is attributed to price decreases for food and non-food items. Some food items that contributed to a decrease in the index include wheat grains by 2.4%, rice by 3.5%, maize grains by 4.4%, maize flour by 6.5%, freshwater fish by 1.4%, dried sardines by 2.2%, sunflower oil by 0.4, groundnuts by 5.1%, round potatoes by 4.3%, sweet potatoes by 5.5%, fresh cassava by 3.8%, dried beans by 5.5%, dried lentils by 1.0%, dried peas by 2.3%, dried cowpeas by 4.3% and cassava flour by 3.8%. Some non-food items that contributed to a decrease in the index include kerosene by 0.1%, firewood by 2.3%, wood charcoal by 0.6.%, diesel by 5.2%, and petrol by 4.5%. Changes in Tanzania National Consumer Price Indices (NCPI) for July
