Headline Inflation Hits 22.6pc Rate

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.

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Except for wheat, the price of almost all cereals increased, especially teff, maize and sorghum, according to the report.



Tracking COVID-19



468770

Total cases Reported In Ethiopia


0

New cases Reported In Ethiopia


42742

Active cases Reported In Ethiopia


0

New Deaths Reported In Ethiopia


7463

Total Deaths Reported In Ethiopia


418563

Total Recovered Reported In Ethiopia



87

Critical in Ethiopia


Source: Coronavirus monitor API

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