Inflation monitor: Tanzania rises to 3.2%, keeping the BoT watchful

Consumer price inflation in Tanzania stands at 3.2% year on year in the latest reading tracked by CBAN, up from 3.1% in the prior reading.

The pickup narrows the room for manoeuvre around the Bank of Tanzania's 6% policy rate. Across African consumer price baskets, food and non-alcoholic beverages typically carry the largest weight, followed by housing, utilities and transport — which is why harvests and fuel prices move headline inflation more here than in advanced economies.

Currency dynamics feed directly into the outlook. The Tanzanian shilling trades near 2,640 to the dollar, down 1.9% this year — a headwind that keeps imported costs elevated.

Real GDP growth is running at around 5.6%, and official reserves stand near $5.6 billion. The next scheduled BoT rate decision is 1 October 2026.

CBAN tracks inflation across every African economy in the interactive inflation dashboard, updated as national statistical releases are incorporated into the dataset.