
Apr 3 , 2020
The cost of living keeps spiking and reached the highest rate in a six-year period by increasing 22.6pc last month, according to the latest Consumer Price Index from the Central Statistical Agency (CSA).
Driven by inflation in food prices, headline inflation has shown a 0.8 percentage point rise since the previous month.
In the reporting period, the inflation of food prices reached 26.9pc jumping from 25.1pc. Hence, non-food inflation recorded a slight decline to 17.6pc.
See All Our Coronavirus Coverage in One Place
March's rate, which came out after Ethiopia confirmed its first case of Coronavirus (COVID-19), is the highest in six years next to the 22.2pc rate that was registered in 2014.
Except for wheat, the price of almost all cereals increased, especially teff, maize and sorghum, according to the report.
PUBLISHED ON
Apr 03,2020 [ VOL
21 , NO
1040]
Radar | Feb 16,2019
Fortune News | Aug 08,2020
Money Market Watch | Apr 27,2025
Fortune News | Feb 19,2022
Fortune News | Oct 11,2020
Fortune News | Oct 03,2020
Editorial | Sep 21, 2024
Commentaries | Jul 10,2021
Commentaries | Dec 09,2023
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Aug 9 , 2025
In the 14th Century, the Egyptian scholar Ibn Khaldun drew a neat curve in the sand....
Aug 2 , 2025
At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...
Jul 26 , 2025
Teaching hospitals everywhere juggle three jobs at once: teaching, curing, and discov...
Jul 19 , 2025
Parliament is no stranger to frantic bursts of productivity. Even so, the vote last w...