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Ethiopia inflation up to 11.2 pct in year to March – stats bureau

A shop owner poses for a photograph at the Mercato market in Addis Ababa December 16, 2015. Addis Ababa’s ‘Mercato’ REUTERS/Tiksa Negeri

ADDIS ABABA (Reuters) – Ethiopian inflation rose to 11.2 percent in the year to March, the statistics bureau said on Saturday.

Year-on-year inflation was 10.9 percent in February.

The rise was mainly due to an increase in the price of cereals in the food basket, and non-food items such as house rent, fuel such as charcoal and wood, and transport, the bureau said.

Source: Reuters


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