The annual inflation rate in Ethiopia edged down to 12.6 percent in May 2019 from 12.9 percent in the previous month. Inflation Rate in Ethiopia averaged 16.04 percent from 2006 until 2019, 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.

Inflation Rate in Ethiopia is expected to be 11.60 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 8.30 in 12 months time. In the long-term, the Ethiopia Inflation Rate is projected to trend around 8.30 percent in 2020, according to our econometric models.

Ethiopia Inflation Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 04:30 PM Inflation Rate YoY 10.9% 10.9% 10%
2019-04-06 06:30 PM Inflation Rate YoY 11.1% 10.9% 9.5%
2019-05-03 03:50 PM Inflation Rate YoY 12.9% 11.2% 11.6%
2019-06-05 06:40 AM Inflation Rate YoY 12.6% 12.9% 13.2%
2019-07-05 03:30 PM Inflation Rate YoY 12.6% 11.6%
2019-08-02 08:30 AM Inflation Rate YoY 11.2%
2019-09-06 05:45 PM Inflation Rate YoY 10%


Ethiopia Prices Last Previous Highest Lowest Unit
Inflation Rate 12.60 12.90 64.20 -4.10 percent [+]
Food Inflation 14.50 11.40 16.50 2.81 percent [+]
Inflation Rate Mom 1.80 2.20 12.75 -34.65 percent [+]
Cpi Housing Utilities 134.20 135.90 184.20 100.00 Index Points [+]
CPI Transportation 129.80 131.50 131.50 97.60 Index Points [+]
Consumer Price Index Cpi 136.40 134.00 136.40 64.20 Index points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.60 12.90 64.20 -4.10 2006 - 2019 percent Monthly
2016M12=100




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 4.66 May/19
Canada 2.40 May/19
China 2.70 May/19
Euro Area 1.20 May/19
France 0.90 May/19
Germany 1.40 May/19
India 3.05 May/19
Indonesia 3.32 May/19
Italy 0.80 May/19
Japan 0.70 May/19
Mexico 4.28 May/19
Netherlands 2.40 May/19
Russia 5.10 May/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 May/19
Spain 0.40 Jun/19
Switzerland 0.60 May/19
Turkey 18.71 May/19
United Kingdom 2.00 May/19
United States 1.80 May/19


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