inflation

Tanzania’s headline inflation rate for February increased by 1.0 percent compared to an increase of 0.8 percent in January 2017, the east African nation’s National Bureau of Statistics (NBS) said on Wednesday.

inflation“The overall index has increased to 106.97 in February 2017 from 105.92 recorded in January 2017,” said a statement by the NBS issued in the commercial capital Dar es Salaam.

The NBS attributed the increase of the overall index to price increase of mainly food items.

The statement said some food items that contributed to such an increase included rice by 4.0 percent, maize grains by 12.2 percent, maize flour by 10.1 percent, sorghum grains by 3.6 percent, cooking banana by 9.5 percent and beans by 6.7 percent. Enditem

Source: Xinhua/NewsGhana.com.gh

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