Ethiopia annual inflation increases by 5.6 percent in September

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Ethiopia year on year inflation has increased by 5.6 percent in September 2014 as compared to the one observed in September 2013, the statistics bureau said on Thursday.The rise in general inflation rate was due to the fact that the general consumer price index (CPI) of 132.4 percent observed in September 2014 was higher than the corresponding 125.4 percent general consumer price index (CPI) observed in September 2013.
inflation
The year on year Food inflation has increased by 3.6 percent in September 2014 as compared to the one observed in September 2013.
The reason for the increase in the food Inflation rate was that the 131.0 percent Food CPI observed in September 2014 was greater than the corresponding 126.4 percent Food CPI observed in September 2013.
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