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Rising prices of coconut and sweet potato are increasing inflation in Tanzania
Tanzania's Annual Headline Inflation Rate has increased to 5.3 per cent in September from the 5.0 per cent registered in August driven by rising prices of some food and non-food items.
The National Bureau of Statistics (NBS) Population Census and Social Statistics Director, Mr Ephraim Kwesigabo said in Dar es Salaam yesterday that the change of inflation explains the increased speed of price for commodities in the month under review.
"Food and Non Alcoholic beverages inflation for the month rose to 9.3 per cent from 8.6 per cent in the preceding period," he said. The month to month inflation rate increased by 0.02 per cent compared to a decrease of 0.4 per cent in August.
The overall index also increased to 108.48 in the month under review from 108.46 in August due to increase in price of food and non-food items.
Some food items that contributed to the increase in the overall index are dried fruit like coconut by 3.1 per cent, sweet potatoes by 3.0 per cent, rice by 1.5 per cent and cooking bananas by 1.5 per cent.