Inflation Rate in Ethiopia increased to 37.70 percent in May from 36.60 percent in April of 2022. It is the highest reading since November of 2011. source: Central Statistical Agency of Ethiopia
Inflation Rate in Ethiopia averaged 17.57 percent from 2006 until 2022, 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 June of 2022.
Inflation Rate in Ethiopia is expected to be 39.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Inflation Rate is projected to trend around 20.00 percent in 2023 and 15.00 percent in 2024, according to our econometric models.