Inflation in Ethiopia
Ethiopia - InflationGrowth 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
|Inflation Rate (CPI, annual variation in %)||8.1||7.4||10.1||7.3||10.9|
5 years of economic forecasts for more than 30 economic indicators.
Ethiopia Inflation Chart
Source: Central Statistical Agency of Ethiopia.
|Exchange Rate||29.59||0.01 %||Sep 04|
|Stock Market||0.4||0.0 %||Sep 04|
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