Why Tanzania’s inflation rate has remained lowest East Africa

"Я не жертва обстоятельств, я - результат моих решений." Стивен Кови ©

Dar es Salaam. Tanzania recorded the lowest inflation rates among the East African nations last year, with analysts saying the trend signals stable prices in the country.Tanzania’s annual inflation averaged 3.6 percent compared to Kenya’ 4.4 percent and Uganda’s 4.3 percent, according to data from the National Bureau of Statistics (NBS).Rwanda inflation stood at six percent.Economic analysts say the trend indicated that the country’s monetary policies were able to control the rate of price change of commodities compared to other countries. The single-digit inflation rate was below the governme…

Read More

[nordot-modal-mode]

Related posts

Leave a Comment

9 + 20 =