Radar | Aug 14,2021
The cost of living keeps galloping with no respite to prices rise last month. Headline inflation registered at 33.6pc, the Ethiopian Statistics Service disclosed. Though the figure is slightly lower than the 34.5pc recorded in January 2022, it is a clear indication that the upwards trajectory of the cost of living continues.
The cost of food items rose by an average of 41.9pc compared to February last year. Cereals, including teff, wheat and maize, exhibited the most significant price jumps, while vegetables saw a decline, according to the report. Non-food inflation clocked in at 22.9pc.
Inflation has been a serious concern. Consumers have felt the pressure since headline inflation blew past the 30pc mark last August.
Radar | Aug 14,2021
Covid-19 | Mar 06,2021
Radar | Dec 19,2021
Commentaries | Sep 03,2022
Commentaries | May 29,2021
My Opinion | 120555 Views | Aug 14,2021
My Opinion | 116648 Views | Aug 21,2021
My Opinion | 115400 Views | Sep 10,2021
My Opinion | 113137 Views | Aug 07,2021
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...
Dec 21 , 2024
The main avenues and thoroughfares of Addis Abeba have undergone an impressive faceli...
Loading your updates...