Tanzania inflation dips to 9.1 pct y/y in May


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Tanzania's annual inflation dipped to 9.1 percent in May from 9.7 percent in April due to a slight decrease in food prices, the National Bureau of Statistics said on Friday.

Food has a weight of 55.9 percent in the basket of items that Tanzania uses to measure inflation.

"The decrease in the rate of inflation was mainly attributed to decrease of food inflation to 11 percent in May," NBS said in a statement.

Food inflation stood at 11.6 percent in April.

Among the food items whose prices fell were cereals, sweet potatoes, vegetables, fruits, beans and groundnuts.

However, the prices of non-food items like clothes, charcoal and furniture among others rose.

In its economic survey for 2007 released on Thursday, Tanzania said its annual average inflation was at 7 percent last year. It has set a target to have inflation below that level by the end of June 2009.
Source: Reuters
 
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That's fine and all, but what about other economic indicators? Was this the whole story or was it cut?
 
Kevo

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Real?Mbona sukari and other commodities like Sphaggetti are going up.Kiini macho au?
 
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Nijiungeje kwenye sekta ya mambo ta kikibwa na nini maana ya PM
 
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Hii article haina ukweli wowote. Kila kitu kinapanda bei mara mbili, tatu au hata zaidi. Halafu wanadai inflation imeshuka kwa 9%!!!! Labda kwa hesabu za kitaahira, lakini vinginevyo haiingii akilini kila kitu kimepanda bei lakini inflation imeshuka.
 
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Mpaka Kieleweke

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Mhh, sijui kama ni kweli kwani kila kitu kinaenda juu kila kukicha
 
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usafiri umepanda bei, umeme umepanda bei, vyakula vya kila siku miongoni mwa Watanzania walio wengi kama vile maharage, nyama, unga, mchele, sukari n.k. bei ya petroli, mafuta ya taa na mahitaji mengine muhimu vyote vimeongezeka au kuna kilichopungua bei au bei yake kubaki pale pale pamoja na ongezeko kubwa la bei ya mafuta katika soko la dunia?
 

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