ADDIS ABABA (Reuters) – Ethiopia’s inflation rose to 7.7 percent year-on-year in January from 7.1 percent in the previous month, the statistics office said on Friday.

The Central Statistics Agency attributed the jump to higher prices of food and non-food items. Prices for such items as meat, dairy products, vegetables and fruit increased 7.1 percent last month, up from 6.5 percent in December.

Non-food inflation also rose to 8.2 percent in January from 7.8 percent the previous month, mainly due to an increase in prices for clothes and khat, a narcotic leaf chewed in the Horn of Africa nation.

Inflation peaked at 9.1 percent in 2014 but it has since been moving up and down.

 

Source: Reuters Africa

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