Ethiopian inflation falls to 15.8 pct in October- Stats office

November 12, 2012

The Central Statistics Agency said that consumer prices in the Horn of Africa country inflation rate shrank to -0.7 percent from 1.5 percent in the month of September.

Food price inflation dropped for the eighth consecutive month to 13.2 percent in October, down from a revised 17.6 percent in September. The non-food inflation rate also slowed to 20.1 percent this month from revised 21 percent in September, the statistics body said in a statement.