The Bank of Tanzania has blamed high inflation on most of the country’s trade partners, and the high commodity prices for continued pressures on its domestic market.
“Because of this unpleasant external environment, combined with elevating domestic supply-side constraints, inflation continued to trend upward, reaching 4.8 percent in September 2022 in Tanzania mainland,” the central bank said in its economic bulletin for the third quarter of 2022 ending September published December 26.
