Macroeconomic Forecast Tanzania

September 2008 | Macroeconomic Forecasts

Headline inflation rose to 9.8% y-o-y in August from 9.5% in July. With food inflation falling 1.6% m-o-m, and non-food inflation up 0.8% m-o-m, the trend we have previously highlighted of rising non-food inflation and falling food inflation is continuing to play out. We are maintaining our end-08 headline inflation forecast of 8.8% for 2008.

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