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Tanzania inflation steady at 3.2% as core pressures ease

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  • Food prices edge higher, but non-food and core inflation continue to soften
  • Analysts warn of dual risk from food and energy shocks in net-importing economy

Tanzania’s headline inflation held steady at 3.2% in May, underscoring continued price stability and reducing immediate pressure on the Bank of Tanzania to tighten monetary policy. The latest reading remains well below the central bank’s 5% medium-term ceiling, according to data released on Monday by the National Bureau of Statistics.

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