The National Bureau of Statistics of Tanzania (NBS) indicates that Annual Headline Inflation Rate for the month of March 2018 has decreased to 3.9% from 4.1% recorded in February 2018. The overall index went up to 112.70 in March 2018 from 108.44 recorded in March 2017. Food and Non-Food Inflation Rates Food and Non-Alcoholic Beverages Inflation Rate for the month of March 2018 has decreased to 4.7% from 5.4% recorded in February 2018. The 12-month index change for non-food products in March 2018 has increased to 3.5% from 3.3% recorded in February 2018 Inflation Rate Excluding Food and Energy The Annual Inflation Rate which excludes food and energy for the month of March 2018 has slightly decreased to 1.6% from 1.7% recorded in February 2018
It’s not always good news…
Deflation, or negative inflation, happens when prices fall because the supply of goods is higher than the demand for those goods. This is usually because of a reduction in money, credit or consumer spending.
Unfortunately, this is nonsense. Individual category inflation rates are very misleading because they tell you nothing about the ‘market basket’ inflation (deflation).
[COLOR=rgb(124, 112, 107)][FONT=georgia]The term inflation refers to the depreciation in purchasing power of a fiat currency, often resulting in the appearance of rising prices when you attempt to buy essentials such as wheat, milk, meat, clothing, medical services, coffee, or electricity.[/FONT]
You have psychological problem. Tanzanian women are very clever and more advanced than Kenyan women.
You guys, need to train your women to behave as women. Teach them how to live with a man. Waache uchafu uchafu, wajitahidi kutumia manukato. wanawake wengi wa Kenya ni wachafu sana. Ndiyo maana hamuwapendi. Wanawake wa Tanzania ni wasafi ndiyo maana mnawaona wazuri.
Boss you either have low understanding of the the workings of economic growth and development.
If we were talking of a country in Europe or Japan, China countries with very low amount of debt or non, then deflation becomes a good thing… But In a third World country like bongo land that is reliable to debt to sustain it becomes a problem as those debts becomes very expensive to the population and what your calling purchasing power is eroded worse off. In short low inflation leads to stagnation of economy. hence, it is bad for the economy.
Hahahahaha!!! Do you know the meaning of price inflation?
Do you know the meaning of rate?
Do you know the meaning of price fluctuation?
The high inflation rate, market predictability becomes difficult. Hence became difficult for investors to invest, because the market is not predictable.
Low inflation has many benefits
• When inflation is low, consumers and businesses are better able to make long-range plans because they know that the purchasing power of their money will hold and will not be steadily eroded year after year.
• Low inflation also means lower nominal and real (inflation-adjusted) interest rates. Lower real interest rates reduce the cost of borrowing. This encourages households to buy durable goods, such as houses and autos. It also encourages businesses to invest in order to improve productivity so that they can stay competitive and prosper without steadily having to raise prices.
• Sustained low inflation is self-reinforcing. If businesses and individuals are confident that inflation is under long-term control, they do not react as quickly to short-term price pressures by seeking to raise prices and wages. This helps to keep inflation low.
All that applies to develop country like I said countries with very little debt or non at all… Current economic theory that doesn’t fit low develop countries with soo much debt.
No it’s should if possible equal the rate of economic growth in a country so as to sustain the increase in payment of or service of foreign debt.
When a country keeps the inflation at low ends it benefits the foreign lenders and the currency used on such. What that means is all the hard work by your people is directly benefitted by the lending currency. Believe me unless a developing country gets its york out of debts then sustaining inflation to grow rate of the GDP remains a safe option.
I don’t need to much explanation. My question is very simple. I don’t want politics I need profession explanation.
Do you encourage your country to allow inflation to go up? I need summarized answer.
We are talking about food, eg: Maize, Rice, Beans etc.
My friend there are so many indicators used to measure economy strength.
GDP is just the total domestic production, does not show the strength of the economy of a certain country.
Many time we measure strength of economy by using PPP. And the lower inflation makes the purchasing power to increase.
So the market can be predictable and people can afford to buy goods. Then the power of money remain strong