Tanzania Digest
January 24, 2025 at 09:51 AM
📉 *Tanzania’s Inflation Hits Record Low in 2024!*
Tanzania’s annual inflation rate dropped to 3.1% in 2024, down from 3.8% in 2023—a major milestone for the nation’s economy! 🌍💰
*Key Highlights:*
> 🍚 *Food Inflation:* Fell to 2.1% due to improved food production and supply.
> 📊 *Consumer Price Index:* Increased from 113.34 (Dec 2023) to 116.87 (Dec 2024).
These positive trends reflect effective economic policies and agricultural strategic interventions, enhancing food availability and affordability.