By Jason McLure
(Bloomberg) — Ethiopia’s annual inflation rate climbed to 19.4 percent in January as food costs jumped, the Central Statistical Agency said.
Inflation accelerated from 18.4 percent in December, the Addis Ababa-based agency said in a statement today. Food prices surged an annual 28 percent in the month, compared with 25.7 percent in December, it said.
To contact the reporter on this story: Jason McLure in Addis Ababa via Johannesburg at [email protected].