Ethiopia’s annual inflation increases to 10.2 percent in January

Ethiopia’s year-on-year inflation edged up to 10.2 percent in January from 10.0 percent in the previous month, the Country’s Central Statistics Agency (CSA) announced on Friday.The 10.2 percent rise in general inflation rate is due to a slight rise in prices of some cereals, pulses, fruits, vegetables and spices, it said.

Food inflation rose to 12.4 percent in January, from 12.1 percent the month before, it said. Non-food inflation also increased to 7.9 percent last month from 7.7 percent in December.

The rise in inflation in the non-food component is mainly due to rise in the prices of chat, clothing and footwear, construction materials, firewood and household goods and furnishings.