The Consumer Price Index in Ethiopia increased 1.27 percent in July of 2019 over the previous month. Inflation Rate Mom in Ethiopia averaged 0.64 percent from 1966 until 2019, reaching an all time high of 12.75 percent in June of 2008 and a record low of -34.65 percent in December of 2011.
Inflation Rate Mom in Ethiopia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Ethiopia to stand at 1.30 in 12 months time. In the long-term, the Ethiopia Inflation Rate MoM is projected to trend around 1.20 percent in 2020, according to our econometric models.