Tuesday, March 24, 2015

Regarding inflation is measured by the measurement of the month for August has said that rose to 0.


National Inflation in August, 2014 has increased to 6.7 percent from 6.5 percent in July due existed leo dict and continue to rise in prices of some goods and services in various areas in the country.
Director of Census and Social Statistics Mr. Ephraim Kwesigabo casting notice for the increase today in Dar es Salaam, said that non food products, including beer, school uniforms, charcoal, leo dict household furniture and goods fabrics for home use have contributed to the existence of a small rise in inflation in the country.
In addition, Mr. Kwesigabo has noted that the increase in the CPI for the measure used to measure changes in the prices of goods and services consumed by a representative sample of households in the country to 149.31 per month in August 2014 from 149.16 in July attributed to the rise in the cost of goods non- foods.
Regarding inflation is measured by the measurement of the month for August has said that rose to 0.1 percent while the capacity of 100 shillings to Tanzania in buying products and services to the community in August, 2014 declined by Shs 66 and 97 cents.
"The increase in prices of some goods and services in various areas no financial impact on us, this means that our financial leo dict capacity in buying services and consumer products declines, inflation is coming up and the shilling value depreciates"
In terms of a comparison of inflation in Tanzania and some countries in South East Mr. Kwesigabo has mentioned that you have a similar trend, adding that inflation in Kenya in August has reached the percentage 8.36 compared to 7.67 in July while Uganda with inflation of 2.8 percent in August compared to 4.3 percent in July.
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