Tanzania regulator raises fuel prices on higher import costs

April 1, 2015 7:51 AM

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DAR ES SALAAM, April 1 (Reuters) - Tanzania's energy regulator raised fuel prices on Wednesday, saying this was due to higher international crude oil and refined product prices, raising the likelihood of higher inflation.

Fuel prices have a big effect on the rate of inflation in east Africa's second-biggest economy, which fell to 4.0 percent year-on-year in January from 4.8 percent the previous month.

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