Radar | Nov 24,2024
Apr 3 , 2020
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. 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 | Nov 24,2024
Fortune News | Jun 19,2021
My Opinion | Jul 23,2022
Fortune News | Dec 07,2019
Commentaries | Jan 28,2023
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...
Jan 18 , 2025
Adanech Abebie, the mayor of Addis Abeba, addressed last week a warm-up session for h...
A severe cash shortage squeezes the economy, and the deposit-to-loan ratio has slumpe...
Jan 4 , 2025
Time seldom passes without prompting reflection, and the dawn of 2025 should nudge Et...
Dec 28 , 2024
On a flight between Juba and Addis Abeba, Stefan Dercon, a professor of economic poli...
Loading your updates...