Hailemariam Desalegn

Ethiopian Economic Growth to Beat IMF Forecast, Deputy Prime Minister Says

Ethiopia’s deputy prime minister, Hailemariam Desalegn, dismissed forecasts that economic growth would slow sharply this year and next and that monetary policy was pushing up inflation, saying growth may exceed 10 percent.... Read more »

Ethiopian Economy May Expand 7.5% This Fiscal Year; Slow in 2012, IMF Says

Bloomberg: Ethiopia’s economic expansion may slow next fiscal year amid rising inflation, restrictions on private-bank lending and a “difficult” business environment, the International Monetary Fund said. The growth rate may slow to... Read more »

Food prices push Ethiopia inflation to nearly 30 pct

Ethiopia’s April inflation rate jumps to 29.5 pct Soaring prices in region have triggered protests ADDIS ABABA,  (Reuters) – Ethiopia’s year-on-year inflation rate rose for a second straight month to 29.5 percent... Read more »

Ethiopian poor being swallowed by rising tide

Blog By Kent Bush It is impossible to visit Ethiopia and not notice the disparity. In Addis Ababa, the country’s capital, people in Land Rovers on their way to nice restaurants drive... Read more »

Ethiopia March inflation soars to 25 pct

ADDIS ABABA (Reuters) – Ethiopia’s annual inflation rate surged to 25.0 percent in March, from 16.5 percent a month earlier, as food and fuel prices rallied, the statistics agency said on Friday.... Read more »

Ethiopia inflation rate falls to 16.5 pct in February

(Reuters) ADDIS ABABA  – Ethiopia’s annual inflation rate dipped to 16.5 percent in February from 17.7 percent in the previous month as food prices rose more slowly, the horn of Africa country’s... Read more »
Ethiopian birr

Ethiopian Inflation Accelerates Following Devaluation

By Will Davison Ethiopia’s inflation rate increased to 17.7 percent in January as a devaluation of the local currency in September pushed up import costs, the Central Statistical Agency said. Inflation accelerated... Read more »
meles zenawi

Meles Zenawi promising no devaluation for the next 5 years

Reuters Sees no major birr devaluation, will regulate rate Govt to seek ways of easing inflationary pressures ADDIS ABABA, Feb 3 (Reuters) – Ethiopian Prime Minister Meles Zenawi ruled out the possibility... Read more »
Ethiopian Birr inflation

Ethiopia inflation rises to 14.5 pct in December

Reuters: ADDIS ABABA Jan 14  – Ethiopia’s annual inflation jumped to 14.5 percent last month from 10.2 percent in November after a steep rise in food and non-food prices caused in part... Read more »

Kenyan exporters to Ethiopia face massive losses

The Standard :By Luke Anami Kenyan exporters could lose millions of shillings after Ethiopia, a key market, implemented price controls on major food and non-food items, mostly imported from Kenya. In what... Read more »