DAR ES SALAAM, Feb. 12 -- THREE East African member states of Tanzania, Uganda and Kenya have registered a falling inflation rate in the year ending January 2020, signaling stability of prices of goods and services.
Maintaining low and predictable inflation rate is important as it supports the region's efforts geared at attracting more investments.
The National Bureau of Statistics (NBS) said in its latest report released on Monday this week that the speed of price change for commodities in January had decreased compared to the speed of price change recorded in the preceding month.
In Tanzania, annual headline inflation rate for January decreased to 3.7 per cent from 3.8 per cent recorded during the corresponding period in December 2019....