Tanzania, April 3 -- Dar es Salaam. Inflation is expected to remain within the 3-5 percent range in the second quarter of 2026, despite pressure from rising global fuel prices, the Bank of Tanzania (BoT) has said.

Deputy Governor, Dr Yamungu Kayandabila, in charge of economic and monetary policy, made the remarks yesterday while presenting the Monetary Policy Committee's (MPC) statement following its recent meeting.

He said that energy and transportation costs continue to drive inflationary pressures, after global crude oil prices rose from $60 per barrel in the first quarter of 2026 to over $100 currently.

"Despite these developments, inflation remained low, averaging 3.3 percent on the mainland in the first quarter, and is expected t...