Photo Gallery | 96787 Views | May 06,2019
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.
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.
See All Our Coronavirus Coverage in One Place
Except for wheat, the price of almost all cereals increased, especially teff, maize and sorghum, according to the report.
Photo Gallery | 96787 Views | May 06,2019
Photo Gallery | 88968 Views | Apr 26,2019
My Opinion | 67184 Views | Aug 14,2021
Commentaries | 65765 Views | Oct 02,2021
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...