Cost of food in Ethiopia increased 22.70 percent in December of 2019 over the same month in the previous year. Ethiopia Food Inflation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Food Inflation in Ethiopia averaged 10.57 percent from 2013 until 2019, reaching an all time high of 23 percent in August of 2019 and a record low of 2.81 percent in March of 2014. This page provides the latest reported value for - Ethiopia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Food Inflation in Ethiopia is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ethiopia to stand at 13.40 in 12 months time. In the long-term, the Ethiopia Food Inflation is projected to trend around 10.00 percent in 2021, according to our econometric models.