Ethiopia’s July Inflation Surges to 39.2%

By Daniel Berhane, Ethiopia’s inflation rate climbed to 39.2% in July 2011 as compared to similar month last year, according to yesterday’s report released by Ethiopia’s Central Statistical Agency. Prices of food items surged by 47.4 %, while the non-food inflation increased by 27.8 % in July 2011 as compared to the prices of July 2010. The […]

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