RUCCI
JF-Expert Member
- Oct 6, 2011
- 1,701
- 1,714
Tanzania's inflation jumped in July due to rising prices of both food and non-food items, the statistics office said on Monday.
The National Bureau of Statistics (NBS) said inflation rose 6.4 percent year-on-year in July, from 6.1 percent a month earlier, while the month-on-month inflation rate rose to 0.4 percent from 0.2 percent.
"Items whose prices increased include rice, maize, clothing and accommodation," Ephraim Kwesigabo, a director at NBS, told a news conference.
He said the food and non-alcoholic beverages inflation rate rose to 10.6 percent in the year to July from 10.1 percent a month earlier.
Food is the biggest driver of prices in the east African nation among the basket of goods and services used to measure inflation.
Source: Reuters
The National Bureau of Statistics (NBS) said inflation rose 6.4 percent year-on-year in July, from 6.1 percent a month earlier, while the month-on-month inflation rate rose to 0.4 percent from 0.2 percent.
"Items whose prices increased include rice, maize, clothing and accommodation," Ephraim Kwesigabo, a director at NBS, told a news conference.
He said the food and non-alcoholic beverages inflation rate rose to 10.6 percent in the year to July from 10.1 percent a month earlier.
Food is the biggest driver of prices in the east African nation among the basket of goods and services used to measure inflation.
Source: Reuters