Ethiopia's Annual Inflation Rate Reaches 14.9% in September

According to the Ethiopian Statistical Service (ESS), Ethiopia's annual inflation rate stood at 14.9% in September, a slight decrease from 15.3% recorded in July. Food inflation was reported at 14.8%, while non-food inflation reached 15.1%, up significantly from 7% in March 2026. Specific consumer goods saw notable price hikes: sugar, honey, and chocolate increased by 39.8%, meat by 22%, oils and fats by 18.2%, and transport costs by 16%. In contrast, the price of bread and cereals rose by only 8.6%. Analysts suggest that while harvest conditions were not a primary driver, the weakening national currency is a significant factor behind the recent rebound in non-food inflation.