(Nigeria Guardian) Ethiopia’s Inflation Moves Deeper Into Double Digits

From: Biniam Tekle <biniamt_at_dehai.org_at_dehai.org>
Date: Sun, 9 Aug 2015 21:18:39 -0400

http://www.ngrguardiannews.com/2015/08/ethiopias-inflation-moves-deeper-into-double-digits/

Ethiopia’s Inflation Moves Deeper Into Double Digits

By Reuters on August 7, 2015

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ADDIS ABABA (Reuters) – Ethiopia’s inflation rose to 11.9 percent
year-on-year in July from 10.4 the previous month, owing to a rise in
both food and non-food prices, the statistics office said on Tuesday.

The Central Statistics Agency said food price inflation increased to
13.9 percent from 12.4 percent in June, thanks largely to a rise in
the prices of items such as meat, fruits, vegetables and cereals.

The non-food inflation rate rose to 9.7 percent in July from 8.2
percent the previous month.
Received on Sun Aug 09 2015 - 21:19:18 EDT

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