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The central bank of Tanzania (BoT) released its monthly economic review for April 2021 and it analyzed Zanzibar economy performance rather closely, whereby inflation, government budget operations, imports and exports performance depicted moderate improvement.

Zanzibar is a semi-autonomous region of the United Republic of Tanzania, made up of two main isles Unguja and Pemba. There more than 1.7 million people in the archipelago.

The isles are mainly known for their exotic tourism landscapes and agricultural exports particularly spices.

However, the office of the Chief Government Statistician Zanzibar (OCGS) published an interesting consumer price index for April 2021. The report showed that Zanzibar annual headline inflation rate for the year ended April 2021, increased to 1.9 per cent compared to 1.5 per cent for the year ended March 2021.

Inflation developments in Zanzibar

According to the report, during March 2021, annual headline inflation declined to 1.5 per cent from 5 per …