Inflation in Ethiopia

Ethiopia Inflation | Economic News & Forecasts

Ethiopia - Inflation

Data for the first quarter of FY 2018 (July-September 2018) points to steady growth momentum, following a deceleration in FY 2017. Tax revenue rose solidly in the quarter, outpacing expenditure growth and thus reducing the government’s financing needs. Moreover, the number of investment projects increased notably in annual terms in the same period. In less positive news, exports fell markedly and, in late February, the Central Bank Governor warned that shrinking export revenues are causing FX shortages, curbing economic activity and restraining debt repayment. The trade deficit nevertheless narrowed as imports plunged at an even faster pace.

Ethiopia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)8.1  7.4  10.1  7.3  9.9  

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Ethiopia Inflation Chart

Ethiopia Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Central Statistical Agency of Ethiopia.

Ethiopia Facts

Exchange Rate28.650.01 %Mar 20
Stock Market0.30.0 %Mar 20

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