Ethiopia: Year on Year Inflation Reached 8.5 Percent
Central Statics Agency (CSA) reported Ethiopia’s year on year inflation has rose to 8.5 percent in March. In February the inflation rate was 7 percent.
Central Statics Agency (CSA) reported Ethiopia’s year on year inflation has rose to 8.5 percent in March. In February the inflation rate was 7 percent.
Year on year inflation of Ethiopia has rose to 9.4 percent in July. The inflation rate was 8.8 percent back in June.
The Central statistics agency stated that Ethiopia’s year-on-year inflation fell to 12% in September from 13.4% in August.
The agency said during September, there was a slight decline in the prices of sugar, honey, and chocolate while the prices of bread and cereals, meat, milk, cheese and eggs, butter, vegetables and spices increased as compared to last month.
Source: Fana BC
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Ethiopian Prime Minister Abiy Ahmed, along with his predecessor Hailemariam Dessalegn and other government officials, inaugurated the Yirgalem Integrated Agro-Industrial Park in Ethiopia's Sidama region. "Sitting on 294.5 hectares, the industry park’s potential value chain includes fruits and vegetables, dairy, meat, poultry, coffee, cereal and pulses, using produce from local farmers as input," PM Abiy said in a tweet.