Tuesday, August 18, 2009
Tanzania July inflation rises to 10.9 pct y/y
Tanzania's annual inflation rate rose up to 10.9 percent in July from 10.7 percent in Junethe National Bureau of Statistics (NBS) said on Saturday
Rising prices of non-food items like fuel, drinks and tobacco pushed Tanzania's annual inflation rate up to 10.9 percent in July from 10.7 percent in June
* July year-on-year inflation rises to 10.9 percent
* Food prices down 0.2 percent in July from June
* Non-food inflation rises to 1.9 percent year-on-year
Among food prices that fell were cereals, cereal products, vegetables and meat, NBS said. Food has a 55.9 percent weight in Tanzania economy's basket of goods used to measure inflation.
Among non-food items, the prices of drinks and tobacco, clothing, rent, charcoal, diesel and petrol rose.
Rising prices of non-food items like fuel, drinks and tobacco pushed Tanzania's annual inflation rate up to 10.9 percent in July from 10.7 percent in June
* July year-on-year inflation rises to 10.9 percent
* Food prices down 0.2 percent in July from June
* Non-food inflation rises to 1.9 percent year-on-year
Among food prices that fell were cereals, cereal products, vegetables and meat, NBS said. Food has a 55.9 percent weight in Tanzania economy's basket of goods used to measure inflation.
Among non-food items, the prices of drinks and tobacco, clothing, rent, charcoal, diesel and petrol rose.
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