Average inflation measured by CPI reached 9.46 % in 2019 in Ethiopia, according to the National Statistical Office. This is 25.7 % less than in the previous year.
Historically, average inflation measured by CPI in Ethiopia reached an all time high of 12.7 % in 2018 and an all time low of -0.098 % in 1986. When compared to Ethiopia's main peers, average inflation measured by CPI in Eritrea amounted to 9.00 %, 5.58 % in Kenya and 49.2 % in Sudan in 2019.
Ethiopia has been ranked 18th within the group of 174 countries we follow in terms of average inflation measured by CPI, 15 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.