Ethiopia’s inflation eases to 13.4 pct y/y in January |

ADDIS ABABA, Feb 8 (Reuters) – Ethiopia’s year-on-year inflation rate edged down to 13.4 percent in January, the statistics agency said on its website.

The Central Statistics Agency said food inflation was at 18 percent in January, versus 17.4 percent in the previous month.

Non-food inflation was at 8.4 percent, compared with 9.4 percent in December, the agency said in a statement.

(Reporting by Aaron Maasho; Writing by Clement Uwiringiyimana; Editing by Gopakumar Warrier)

See Also:  How Ethiopia's top femtrepreneur is paving the way for African women

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

See Also:  Kagame's official visit to Ethiopia: Run-down of a busy first day

Read More News Here Source link

Recommended For You

Leave a Reply

Your email address will not be published.