Tanzania’s annual inflation rate drops to 3.8 pct in April


Tanzania’s annual headline inflation rate in April 2018 dropped to 3.8 percent from 3.9 percent recorded in March, the east African nation’s statistics watchdog said on Tuesday.
The National Bureau of Statistics (NBS) attributed the decrease in the inflation rate to a drop in food prices.

NBS said in a statement that food and non-alcoholic beverages inflation rate in April decreased to 3.6 percent from 4.7 percent recorded in March.

The statement said annual inflation rate for food consumed at home and away from home decreased to 4.0 percent in April from 5.0 percent recorded in March.

In addition, said the statement, the 12-month index change for non-food products in April increased to 3.9 percent from 3.5 recorded in March. Enditem


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