Ethiopia inflation slows to 10%

March 13 2013 at 12:04pm
By Reuters

http://sxc.hu/

Addis Ababa - Ethiopia's year-on-year inflation rate fell to 10.3 percent in February from 12.5 percent the previous month, thanks to a sharp drop in the rate of food price rises, official data showed on Wednesday.

The Central Statistics Agency said food inflation slowed to 7.9 percent last month, down from 11.3 percent in January.

The non-food inflation rate also dipped to 14.3 percent in February from 14.4 percent the previous month. - Reuters

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