Inflation Rate in Ethiopia increased to 19.30 percent in October from 18.70 percent in September of 2020. source: Central Statistical Agency of Ethiopia
Inflation Rate in Ethiopia averaged 16.42 percent from 2006 until 2020, reaching an all time high of 64.20 percent in July of 2008 and a record low of -4.10 percent in September of 2009. This page provides the latest reported value for - Ethiopia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ethiopia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Inflation Rate in Ethiopia is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ethiopia to stand at 10.40 in 12 months time. In the long-term, the Ethiopia Inflation Rate is projected to trend around 10.00 percent in 2021 and 8.00 percent in 2022, according to our econometric models.