Inflation Rate in Ethiopia increased to 24.50 percent in June from 19.70 percent in May of 2021. source: Central Statistical Agency of Ethiopia

Inflation Rate in Ethiopia averaged 16.58 percent from 2006 until 2021, reaching an all time high of 64.20 percent in July of 2008 and a record low of -4.10 percent in September of 2009. This page provides the latest reported value for - Ethiopia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ethiopia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Inflation Rate in Ethiopia is expected to be 19.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ethiopia to stand at 16.00 in 12 months time. In the long-term, the Ethiopia Inflation Rate is projected to trend around 12.00 percent in 2022 and 7.50 percent in 2023, according to our econometric models.

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Ethiopia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.50 19.70 64.20 -4.10 2006 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-04-05 07:00 AM Mar 20.6% 20.6% 21.7%
2021-05-04 11:20 AM Apr 19.2% 20.6% 20.8%
2021-06-06 04:50 PM May 19.7% 19.2% 19.5%
2021-07-05 07:40 AM Jun 24.5% 19.7% 20.3%
2021-08-03 01:00 PM Jul 24.5%
2021-09-03 05:30 PM Aug
2021-10-05 12:30 PM Sep
2021-11-05 12:00 PM Oct

Ethiopia Inflation Rate
In Ethiopia, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (54 percent of total weight); Housing and Utilities (16.8 percent) and Clothing & Footwear (5.7 percent). Others include: Restaurants & Hotels (5.3 percent; Alcoholic Beverages & Tobacco (4.9 percent); Furnishings, Household Equipment and Routine Maintenance of the House (4.7 percent); Transport (2.5 percent) and Miscellaneous Goods & Services (2.5 percent). Communication, Health, Recreation & Culture and Education account for the remaining 4.1 percent of total weight.