Awramba Times » Ethiopia inflation rises to 14.5 pct in December

published 359 days, 9 hours, 7 minutes ago posted by adminadmin 359 days, 9 hours, 7 minutes ago
Thursday, May 26, 2011 4:45:50 AM GMT Thursday, May 26, 2011 4:45:34 AM GMT

ADDIS ABABA Jan 14 (Reuters) – Ethiopia’s annual inflation jumped to 14.5 percent last month from 10.2 percent in November after a steep rise in food and non-food prices caused in part by two currency devaluations in less than 12 months. The Central Statistics Agency (CSA) said non-food inflation in Africa’s most populous nation after Nigeria rose to 22.9 percent last month from 16.7 percent the month before. Food prices rose 8.9 percent from 5.8 percent previously. After soaring in 2008 and 2009, Ethi...

Digg It category: Economy | | source: awramba.com | show counter code tags: Addis Ababa, business, Ethiopian news, inflation

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