Inflation can take accord as ;
[A] Too much money in circulation (⬆️ purchasing power) - resulting in price hikes.
[B] Supply shortages (⬆️ demand of scarce goods) - resulting in price hikes.
• Measures to contain hikes if 'A' is true have been evident - local produce and thrift situation incountry.
• Cartels / oligopolies seem to have 'B' on the cosh - measures have come in the shape of subsidies and fiscal activity such as 'TOZO'.
Maybe we might be better off than we think in resilient mannered fashion. 🤷🏽♂️
cc: @tEconomics : source at discussion - https://tradingeconomics.com/tanzania/inflation-cpi
N.B.
At most, incountry - hikes are cartel (oligopoly) based in unison to service levy's looking to tax abnormal profits in respective sectors (mobile money services) - during global market turmoil.
Where cartel space in LNG has seen subsidization in billions of TZS!
Where commotion comes from is beyond me.
I mean even bread - where brands the likes of SuperLoaf look to have price hikes over the years, respective space sees brands the likes of Boko Bakery attain produce at price accustomed to of TZS.1,000/=
cc: @macmungyintellectual
#ProgressiveLivingInDevelopingEconomies
