Inflation in Tanzania
Consumer price inflation in Tanzania averaged 4.8% in the ten years to 2022, below the Sub-Saharan Africa regional average of 9.4%. The average growth rate for 2022 was 4.3%. For more inflation information, visit our dedicated page.
Tanzania Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Tanzania from 2014 to 2023.
Source: Macrobond.
Tanzania Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.4 | 3.3 | 3.7 | 4.3 | 3.8 |
| Inflation (CPI, ann. var. %, eop) | 3.8 | 3.2 | 4.2 | 4.8 | 3.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Tanzanian inflation projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Tanzanian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Tanzanian inflation projections.
Want to get access to the full dataset of Tanzanian inflation forecasts? Send an email to info@focus-economics.com.