By Jason McLure
April 9 (Bloomberg) — Ethiopia’s annual inflation rate increased to 22.9 percent in February led by rising food costs, the Central Statistical Agency said.
Inflation expanded from 19.4 percent in January, the Addis Ababa-based agency said in a report today. Food prices climbed 30.2 percent on an annual basis, from 28 percent in January, according to the report.
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To contact the reporter on this story: Jason McLure in Addis Ababa via the Johannesburg bureau at [email protected].
3 thoughts on “Inflation accelerates to 22.4% on food”
Whats happend to all that TPLF slogan “The Economy Is Strong” All the suden the national bank Gold is a fake metal, the economy is weak and so are the TPLF cadres.
Woyane-a cancer for Ethiopia
dear belay zeleke, USA’s economy is in ressession, that is why weyane’s growing economy al of the suden collapsed. the foundation of weyane’s economy is international aids.
The Weyane lie has no boundary! Shame on you weyanes. You are proven nothing for good. Your empty economic growth bla bla was seen.