In Tanzania, inflation holds steady as prices stabilise

kariakoo

Traders and buyers at the Kariakoo Market in Dar es Salaam, Tanzania. 

Photo credit: Pool

Tanzania's headline inflation rate remained stable between June and July, holding at 3.3 percent, according to a recent report from the National Bureau of Statistics (NBS). This stability is largely attributed to steady or decreasing prices for essential goods, particularly food.

The NBS report noted that prices for cereals, non-alcoholic beverages, construction materials, and garments were largely stagnant during this period.