Bloomberg News

Tanzania Inflation Rate Rises to 9.7% in May on Fuel, Food

June 15, 2011

(Updates with energy inflation in third paragraph.)

June 15 (Bloomberg) -- Tanzania’s inflation accelerated to a 13-month high in May as energy and food costs increased, according to the country’s statistics agency.

Prices in East Africa’s second-biggest economy increased 9.7 percent last month from 8.6 percent in April, according to Ephraim Kwesigabo, an official at the National Bureau of Statistics.

Energy prices jumped 24.5 percent in May from 22.1 percent the month before, Kwesigabo said in a statement handed to reporters today in Dar es Salaam, the commercial capital. The price of kerosene, the most commonly used fuel in Tanzania, went up 9.1 percent in May, while diesel increased 3.3 percent, according to the statement.

Food prices accelerated 10.1 percent in May, compared with 9.2 percent in April, he said.

--Editors: Heather Langan, Digby Lidstone

To contact the reporter on this story: David Malingha Doya in Dar es Salaam at dmalingha@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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