Money in Tanzania
Softer price increases for food, transport, and housing and utilities pushed inflation down to an 11-month low of 4.3% in April (March: 4.7%). On average, inflation will be higher this year than in 2022, but will hover around the Central Bank’s 5.0% target. A more dynamic economy and a weaker shilling will push inflation up.
Tanzania Money Chart
Tanzania Money Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Money (ann. var. of M2 %) | 10.4 | 3.8 | 11.8 | 8.2 | 17.6 |