Tanzania inflation rate for 2023 was 3.80%, a 0.55% decline from 2022.
Tanzania inflation rate for 2022 was 4.35%, a 0.66% increase from 2021.
Tanzania inflation rate for 2021 was 3.69%, a 0.4% increase from 2020.
Tanzania inflation rate for 2020 was 3.29%, a 0.17% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.