Ethiopia’s year-on-year inflation rate fell to 7.5 percent in March from 8.9 percent in February, Central Statistics Agency (CSA) announced.
Food and non-food inflation rates dropped to 7.3 percent and 7.8 percent respectively in March. The data for February shows food inflation rate was 9.2 percent while non-food inflation rate was 8.5 percent.
Source: Fana Broadcasting Corporate
Ethiopian Statistics Agency (ESA) announced Ethiopia’s year-on-year inflation had declined from 10.2 percent to 8.7 percent in February.
Central Statistics Agency (CSA) disclosed Ethiopia’s inflation rate for the month August has rose to 7.2 percent, which is a 0.3 percent increase. This is said to be attributable to the increase in non-food items.
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.
Central Statistics Agency said inflation rate has hit double digits for the first time in 27 months.
