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HomeEthiopian NewsEthiopia inflation rises to 5.9 pct in year to November

Ethiopia inflation rises to 5.9 pct in year to November

Reuters Africa
December 9,2014

(Adds food, non-food inflation rates)

ADDIS ABABA – A jump in food prices helped push Ethiopia’s year-on-year inflation up to 5.9 percent in November from 5.4 percent in October, the statistics office said on Tuesday.

Prices of sugar, fruits, vegetables, oil and other food rose 4.8 percent in November from the previous year, up from 2.9 percent in October, The Central Statistics Agency (CSA) said.

Non-food inflation, however, dropped to 7.1 percent in November from 8.3 percent the previous month. CSA attributed the drop to a slower rise in the prices of clothing, footwear and household goods (Reporting by Aaron Maasho; Editing by Duncan Miriri)

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