Cost of food in Ethiopia increased 23 percent in August of 2019 over the same month in the previous year. Food Inflation in Ethiopia averaged 10.40 percent from 2013 until 2019, reaching an all time high of 23 percent in August of 2019 and a record low of 2.81 percent in March of 2014.
Food Inflation in Ethiopia is expected to be 13.50 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 11.60 in 12 months time. In the long-term, the Ethiopia Food Inflation is projected to trend around 10.00 percent in 2020, according to our econometric models.