News

Inflation to rise sharply in Tanzania due to fall in crop production

Share Bookmark Print Email
Email this article to a friend

Submit Cancel
Rating
By ABDUEL ELINAZA  (email the author)
Email this article to a friend

Submit Cancel


Posted  Monday, February 22  2010 at  00:00

The new method is expected to reduce the influence of high food prices and bring down inflation rates.

Food makes up 55.9 per cent of the basket of goods and services used to measure inflation.

Grain reserve stocks under the National Food Reserve Agency last October amounted to 107,177 tonnes of maize, while sorghum represented a decrease of 2.2 per cent from 110,278 tonnes at the end of the preceding month.

It was 6.4 per cent lower than the stocks of the previous October.

The decline in the stocks was on account of sale of grain to the Government for distribution to areas with a food deficit.

« Previous Page 1 | 2

Add a comment (0 comments so far)

.

IN PICTURES: Egyptians protest military rule

Pope Benedict XVI blesses children at St. Gall Seminary in Ouidah on November 19, 2011. Pope Benedict XVI arrived in Benin on November 18, marking his second visit to Africa in a heartland of voodoo and warning against "unconditional submission" to the laws of the market and finance.    AFP PHOTO /VINCENZO PINTO

IN PICTURES: Pope Benedict XVI in Benin

For the first time in over three years, Somalis venture out to their beaches November 19, 2011showing a new sense of security since the militant group al-Shabaab, aligned with al-Qaeda, retreated from Mogadishu in August. Photo/XINHUA

IN PICTURES: Somalis return to beaches

Somali Prime Minister Abdiweli Mohamed Ali, talks to a famine victim at Mogadishu's largest camp on November 19, 2011. Photo/XINHUA

IN PICTURES: Somali PM visits largest IDP camp