Tue Apr 8, 2014
Reuters
ADDIS ABABA, April 8 (Reuters) – Ethiopia’s inflation rate quickened to 8.8 percent in the year to March from 7.9 percent the previous month, owing to a rise in both food and non-food items, official data showed on Tuesday.
The Central Statistics Agency (CSA) said food prices rose 6.1 percent in March over the 12-month period from 4.7 percent in February, driven by price increases of bread and cereal.
Non-food prices edged up to 11.8 percent in the year to March from 11.4 percent in February, owing largely to price increases of khat, a leafy plant chewed as a stimulant in the Horn of Africa and the Arabian peninsula.
(Reporting by Aaron Maasho; Editing by James Macharia)
Ze-Habesha Website may contain advice, opinions, and statements of various information and content providers. The Website neither represents nor endorses the accuracy of information or endorses the contents provided by external sources. All blog posts and comments are the opinion of the authors.
Reuters
ADDIS ABABA, April 8 (Reuters) – Ethiopia’s inflation rate quickened to 8.8 percent in the year to March from 7.9 percent the previous month, owing to a rise in both food and non-food items, official data showed on Tuesday.
The Central Statistics Agency (CSA) said food prices rose 6.1 percent in March over the 12-month period from 4.7 percent in February, driven by price increases of bread and cereal.
Non-food prices edged up to 11.8 percent in the year to March from 11.4 percent in February, owing largely to price increases of khat, a leafy plant chewed as a stimulant in the Horn of Africa and the Arabian peninsula.
(Reporting by Aaron Maasho; Editing by James Macharia)
Ze-Habesha Website may contain advice, opinions, and statements of various information and content providers. The Website neither represents nor endorses the accuracy of information or endorses the contents provided by external sources. All blog posts and comments are the opinion of the authors.
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