Tanzania: Rising Food, Energy Prices Add Misery On Inflation Trends

HIGHER food and energy prices may undermine the ongoing efforts to bring back inflation to single digit, experts have warned.

Headline inflation rate was going down since January, after reaching the highest point in 15 years in December 2011 at 19.7 per cent, but dropped to 10.4 as of last month. A Tanzania Securities research paper 'Equity Research on Local Listed Banks Tanzania' indicates that the inflation rate was expected to improve persistently in this year.

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