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Robot
- Feb 11, 2006
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As per this article:
Now my question is: How can we control the inflation in our country? I know I have gurus here and can learn from you guys.
Tanzania's inflation rate rose in April for the first time since October last year as food and fuel price inflation picked up in east Africa's second largest economy, official data showed on Monday.
The National Bureau of Statistics said the year-on-year inflation rate rose to 9.4 percent from 9.0 percent in March. The inflation rate had been declining steadily after hitting 12.7 percent in October 2009.
The NBS said food inflation rose to 9.8 percent from 9.7 percent a month earlier while fuel, power and water prices were 19.9 percent higher than in April 2009, up from a 16.3 percent annual rise in March.
The government is aiming for an inflation rate of 6 percent by June, although analysts have cautioned this target may be hard to hit due to rising fuel prices and expected increases in government spending ahead of elections in October.
Now my question is: How can we control the inflation in our country? I know I have gurus here and can learn from you guys.