Ethiopia’s Inflation Falls to 14% in July

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Addis Ababa August 02/2018 Ethiopia’s year-on-year inflation rate has dropped to 14 percent in July from 14.7 percent in June, the statistics agency said.

The Central Statistics Agency said food inflation dropped to 16.7 percent in July from 17.9 percent in the previous month.

Non-food inflation inched down to 10.9 percent during the period from 11 percent in June, the agency said in a statement.