Ethiopia's Headline Inflation Rises to 14.9% in September
According to the Ethiopian Statistics Service, headline inflation for the month of Meskerem 2019 E.C. (September) reached 14.9%. This represents an increase compared to the 13.2% inflation rate recorded during the same period in the previous year (2018 E.C.).
The inflation rate for food and non-alcoholic beverages stood at 14.8%, while non-food inflation reached 15.1%. Significant price increases were recorded in categories such as sugar, honey, and chocolate (39.8%), meat (22%), and oil and butter (18.2%). Similarly, price hikes were observed in transport (16%), education (17.8%), and alcoholic beverages (18.2%).
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