Africa-Press – Tanzania. THE annual headline inflation rate for the month of July 2021 has increased to 3.8 percent from 3.6 percent that was recorded in June 2021, the National Bureau of Statistics (NBS) has said.
The Acting Director of Population Census and Social Statistics, Ruth Minja, said the consumer price index (CPI) has however shown relatively stable price movement from July 2020 to July 2021.
“In addition, the annual headline inflation rates over the same period have shown a stable trend that ranges from 3.0 to 3.8 percent” she said, noting that the overall index went up from 100.49 recorded in July 2020 to 104.32 in July 2021.
The increase in the annual inflation rate for July 2021 was attributed to inflation trends for some food and non-food items, including wheat grains by 6.5 percent, wheat flour (6.1 per cent), meat (3.7 percent) round potatoes (8.4per cent) and fresh cassava (6.4 per cent).
On the other hand, some nonfood items contributing to the increase in headline inflation for July 2021 include garments for women by 6.4 percent, footwear for men (7.1per cent), footwear for infants and children (6.4 per cent) and actual rentals paid by tenants (4.9 per cent).
Food and non-alcoholic beverages price trends for July 2021 saw an increase of 5.1 percent from 4.7 percent in June, 2021.
Annual inflation for all items without food and non-alcoholic beverages stood at 3.3percent in July 2021 from 3.2 percent recorded as month earlier
The acting director made comparisons with Kenya and Uganda, where the annual inflation rate in Kenya for the year ended July 2021 stood at 6.44 percent from 6.32 percent a month earlier.
She also said that the Uganda Bureau of Statistics shows that the annual headline inflation rate for the year ended July 2021 had also increased to 2.1 percent from 2.0 percent recorded for the year ended June 2021.
