ETHIOPIA

Mar-22Apr-22May-22Jun-22Jul-22Aug-22Sep-22Oct-22Nov-22Dec-22Jan-23Feb-23Ethiopia’s inflation rate slowed from 33.9% to 32.0% Y/Y in February 2023. This was despite the rise in food inflation from 32.9% to 33.6%. Prices in Ethiopia continue to be adversely impacted by anongoing drougt in the south-east of the country and the conflict in Tigray, along with global events.
Inflation34.736.637.73433.532.530.731.735.133.833.932
Food Inflation41.943.442.943.938.135.533.23130.634.232.933.6
Central Statistical Agency of Ethopia
Mar-22Apr-22May-22Jun-22Jul-22Aug-22Sep-22Oct-22Nov-22Dec-22Jan-23Feb-23
Inflation34.7%36.6%37.7%34.0%33.5%32.5%30.7%31.7%35.1%33.8%33.9%32.0%
Food Inflation41.9%43.4%42.9%43.9%38.1%35.5%33.2%31.0%30.6%34.2%32.9%33.6%

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