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Ethiopia: Inflation Rate for November Reached 7 %

According Central Statistics Agency (CSA), Ethiopia’s year on year inflation has rose to 7 percent in November. The inflation rate in the October was 5.6 percent.

The rise in inflation is attributable to the rise of food items price, the Agency explained. Food inflation, during the period rose to 6.1 percent in November from 3.4 percent in October.

Non-food inflation, on the other hand was 8.1 percent in November. This is a decline when compared to the inflation rate of October, which was 8.2 percent.

Source: Fana Broadcasting Corporate