Inflation Rate in Ethiopia increased to 19.70 percent in May from 19.20 percent in April of 2021. source: Central Statistical Agency of Ethiopia
Inflation Rate in Ethiopia averaged 16.54 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 June of 2021.
Inflation Rate in Ethiopia is expected to be 20.30 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 18.00 in 12 months time. In the long-term, the Ethiopia Inflation Rate is projected to trend around 12.00 percent in 2022 and 7.50 percent in 2023, according to our econometric models.