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Tanzania inflation inches up to 6.8 percent in December
10:10 CAT | 09 Jan 2016
In file Club of Mozambique
Tanzania’s year-on-year inflation edged up to 6.8 percent in December from 6.6 percent in the previous month, the statistics office said on Friday.
“The increase… was mainly caused by faster rises in the prices of both food and non-food items,” Ephraim Kwesigabo, a director at state-run National Bureau of Statistics (NBS) told a news conference.
Food items whose prices rose during the period included rice, maize and meat, he added.
NBS said annual inflation fell to 5.6 percent last year from 6.1 percent in 2014. The government’s mid-term target is to achieve an inflation rate of 5.0 percent.
Source: Reuters
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