Photo Gallery | 95853 Views | May 06,2019
Headline inflation, the indicator of the cost of living, jumped by two percentage points to 20.8pc last month, according to the latest Consumer Price Index from the Central Statistical Agency.
The spike in non-food inflation, which reached 24.5pc from 23.2pc in October, has mainly caused the headline rate spike, according to the Agency's report. Non-food inflation also rose by three percentage points and reached to 16.4pc.
The rate has been steadily increasing for the past four months and reached the second-highest figure since 2014, a year that registered a 22.2pc headline inflation rate.
Photo Gallery | 95853 Views | May 06,2019
Photo Gallery | 88135 Views | Apr 26,2019
My Opinion | 66909 Views | Aug 14,2021
Commentaries | 65691 Views | Oct 02,2021
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...
Mar 23 , 2024
Addis Abeba has been experiencing rapid expansion over the past two decades. While se...
Loading your updates...