(Updates with comments from statistics agency in third paragraph.)
Oct. 17 (Bloomberg) -- Tanzania’s inflation rate rose for an eleventh month to 16.8 percent in September as food and energy costs climbed, the country’s statistics office said.
Inflation accelerated from 14.1 percent a month earlier, the National Bureau of Statistics said in a statement handed to reporters today in Dar es Salaam, the commercial capital. Prices rose 2.4 percent in the month, it said.
Food prices climbed 21.3 percent in September from a year earlier compared with 17.4 percent in August and energy costs advanced 33.1 percent, the agency said.
Inflation in East Africa’s second-biggest economy may slow to 9 percent by June as a decline in international oil prices reduces imported fuel costs, Joseph Masawe, director of economic research and policy at the Bank of Tanzania, said in an interview on Oct. 7.
--Editors: Gordon Bell, Ben Holland
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