Cost of food in Ethiopia increased 23.20 percent in January of 2021 over the same month in the previous year. source: Central Statistical Agency of Ethiopia
Food Inflation in Ethiopia averaged 12.80 percent from 2013 until 2021, reaching an all time high of 27 percent in March of 2020 and a record low of 2.81 percent in March of 2014. This page provides the latest reported value for - Ethiopia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ethiopia Food Inflation - values, historical data and charts - was last updated on April of 2021.
Food Inflation in Ethiopia is expected to be 24.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ethiopia to stand at 21.50 in 12 months time. In the long-term, the Ethiopia Food Inflation is projected to trend around 18.00 percent in 2022 and 15.00 percent in 2023, according to our econometric models.