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Ethiopia's Inflation Rate Rises to 14.9 Percent
Capital Ethiopia

Ethiopia's Inflation Rate Rises to 14.9 Percent

The Ethiopian Statistical Service has announced that the country's general inflation rate reached 14.9 percent in September 2019 E.C. This figure marks an increase of 1.7 percentage points compared to the 13.2 percent recorded during the same month last year. The rise is primarily attributed to increased prices for both food and non-food items. The data reflects ongoing economic challenges regarding cost of living adjustments in the nation. Authorities released these figures to provide an official update on current economic trends.

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