Inflation in Ethiopia

Ethiopia Inflation | Economic News & Forecasts

Ethiopia - Inflation

Growth is expected to have been steady last fiscal year, which ended in July. The most recent data available showed that exports dropped in the third quarter of FY 2018, while electricity rationing in May–June also likely dragged on activity. That said, growth should have remained among the fastest in the region thanks to robust infrastructure spending. Meanwhile, the government has been on an impressive streak of reforms and liberalizations, which should bode well for investment this year. In September, the administration took the first steps towards selling a stake in the monopoly telecoms operator, Ethio Telecom, appointing a transaction advisor. The move follows July’s announcement that it will award two telecoms licenses to multinational companies, which should help improve the country’s connectedness and infrastructure.

Ethiopia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)8.1  7.4  10.1  7.3  10.9  

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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 Rate29.590.01 %Sep 04
Stock Market0.40.0 %Sep 04

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