Ethiopias inflation rate stays high in July

ADDIS ABABA (Reuters) – Ethiopia’s annual inflation rate remained stubbornly high at 20 percent in July, data showed on Tuesday, though the pace of increase in food prices slowed marginally. Surges in... Read more »

Ethiopia inflation falls for fourth month in row

ADDIS ABABA (Reuters) – Ethiopia’s year-on-year inflation fell for the forth consecutive month to 20.9 percent in June from 25.5 percent a month before due to slowing food prices, the statistics office... Read more »

Ethiopia export earnings rise 17 pct yr/yr in 8 months to Feb

* Earnings hit $1.87 bln, up from $1.6 bln * Gold, oil seeds rise, coffee revenue down 7.9 pct ADDIS ABABA, March 27 (Reuters) – Ethiopia’s export earnings rose 16.6 percent in the... Read more »

Ethiopia: Annual Inflation Rate Falls to 35.9% in December

Ethiopia’s annual inflation rate dropped to 35.9 percent in December as some food costs declined, the Central Statistical Agency said. Inflation slowed from 39.2 percent in November, the agency said in an... Read more »

Ethiopia’s ‘Distorted’ Monetary Plan Needs Reform, IMF Says

(Bloomberg) — Ethiopia’s “highly distorted” monetary policy requires urgent reorganization because it is stunting growth and undermining macroeconomic stability, the International Monetary Fund said. The Horn of Africa country’s five-year economic-development plan... Read more »
Ethiopian inflation

Ethiopia inflation up in Aug on food prices

* Inflation pushed higher by rising cereal prices * High inflation a problem in region By Aaron Maasho ADDIS ABABA, Sept 13 (Reuters) – Ethiopia’s year-on-year inflation jumped to 40.6 percent in... Read more »
Ethiopian money

New $200 birr note, Ethiopian National Bank is studying to print

Ethiopian National Bank (NBC) is considering to print a $200 birr note according to a report. Sources that are close to the matter told to the Amharic news website Ethiopianreporter.com, the pressure... Read more »
ethiopian-birr

 Food prices push Ethiopia inflation  to 39 pct

* July food costs up 47.4 pct yr/yr * Alcohol and tobacco, transport also climb ( ADDIS ABABA Aug 8 (Reuters) – Consumer prices in Ethiopia jumped 39.2 percent in July from... Read more »
Ethiopian inflation rate

Ethiopia Inflation Rate Climbs to 38.1% in June From Year Ago

Ethiopia’s inflation rate climbed to 38.1 percent in June from a year earlier as food costs increased and the central bank boosted the money supply. Inflation accelerated from 34.7 percent in May,... Read more »
ethiopian-inflation-rate

Ethiopian Annual Inflation Rate Increased to 34.7% in May

June 13 (Bloomberg) — Ethiopia’s annual inflation rate climbed to 34.7 percent in May as food prices surged, the Central Statistical Agency said. Inflation accelerated from 25.6 percent in the previous month,... Read more »