Ethiopian Statistics Agency (ESA) announced Ethiopia’s year-on-year inflation had declined from 10.2 percent to 8.7 percent in February.
ESA noted there was a slight decline regarding the price of food, especially cereals. Nonetheless, non-food inflation increased in the same time. This is because of the rise in khat, clothing and footwear, construction materials, firewood and household goods and furnishings price.
According to Fana Broadcasting Corporate, there is a rapid price increase in Addis Ababa when seen relatively.
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