Inflation Rate in Ethiopia increased to 19.20 percent in January from 18.20 percent in December of 2020. source: Central Statistical Agency of Ethiopia

Inflation Rate in Ethiopia averaged 16.46 percent from 2006 until 2021, 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 March of 2021.

Inflation Rate in Ethiopia is expected to be 15.00 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 10.00 in 12 months time. In the long-term, the Ethiopia Inflation Rate is projected to trend around 8.00 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Ethiopia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.20 18.20 64.20 -4.10 2006 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-05 12:00 PM Oct 19.3% 18.7% 18.4%
2020-12-04 01:20 PM Nov 19% 19.3% 18%
2021-01-06 08:50 AM Dec 18.2% 19% 18%
2021-02-04 10:00 AM Jan 19.2% 18.2% 18%
2021-03-05 12:00 PM Feb 19.2% 18.8%
2021-04-06 02:00 PM Mar
2021-05-06 12:15 PM Apr
2021-06-03 02:15 PM May

News Stream
Ethiopia Inflation Rate Hits 22.6% in March
The annual inflation rate in Ethiopia climbed further to 22.6 percent in March of 2020 from 21.8 percent in the previous month. Main upward pressure came from food prices (26.9 percent vs 25.1 percent in February), especially teff, maize and sorghum as the country continued to struggle with locust invasions. Meanwhile, non-food inflation slowed slightly (17.6 percent vs 18 percent).
Ethiopia February Inflation Rate Nears 8-Year High of 21.8%
The annual inflation rate in Ethiopia climbed to 21.8 percent in February of 2020 from 18.7 percent in the previous month. This was the highest inflation rate since May of 2012, as massive crop destruction due to locust invasions is causing food shortages. On a monthly basis, consumer prices surged 2.9 percent, the most since May of 2019, after increasing 0.8 percent in the previous month.

Ethiopia Inflation Rate
In Ethiopia, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (54 percent of total weight); Housing and Utilities (16.8 percent) and Clothing & Footwear (5.7 percent). Others include: Restaurants & Hotels (5.3 percent; Alcoholic Beverages & Tobacco (4.9 percent); Furnishings, Household Equipment and Routine Maintenance of the House (4.7 percent); Transport (2.5 percent) and Miscellaneous Goods & Services (2.5 percent). Communication, Health, Recreation & Culture and Education account for the remaining 4.1 percent of total weight.