Ethiopia annual inflation rate January 2012

World Economic outlook - Ethiopia annual inflation rate January 2012 : Ethiopia’s annual inflation rate dropped to 32 percent in January as food-price increases slowed, the Central Statistics Agency said.

The inflation rate dropped from 35.9 percent in December, the Addis Ababa-based agency said in an e-mailed statement today. Annual food inflation was 41.4 percent from 46.7 percent in December, while non-food inflation slowed to 19.2 percent from 21.8 percent, it said.

ethiopia gdp growth outlook 2012-2013

World Economic outlook - ethiopia gdp growth outlook 2012-2013 : Economic growth in Ethiopia will be seen in infrastructure development and in the energy sector in particular he said. It is expected that economic growth will make up for the adverse effects wrought by drought on agricultural output in some areas according to Elhirka.

Ethiopia’s economy could see an 8% growth rate in Gross Domestic Product in 2012 and 2013 according to the United Nations Report on Global Economic Situation and Prospects 2012. The Ethiopian Government expects 11% growth rate during the same period.