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Ethiopia’s Inflation Rises to 11.4% in April, above Central Bank’s Target – Ethiopian Monitor
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Ethiopia’s Inflation Rises to 11.4% in April, above Central Bank’s Target – Ethiopian Monitor
Consumer prices spiked in April as the annual inflation ran above the Central Bank target for the first time in 2026, data from the Ethiopian Statistical Service (ESS) show. The latest monthly Consumer price index (CPI) report came in on Friday, showing the inflation accelerating at 11.4%, up from 9.4% in March. The annual inflation, despite declining from 14.4% a year ago, hit its highest level since October and upended the National Bank of Eth…
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