Ethiopia’s year-on-year inflation rate fell for a fourth month in a row to 35.2 per cent in December 2011 down from 39.2 and 39.8 per cent in November and October, respectively. The food price inflation rate decreased to 46.5 percent, down from 50.3 per cent a month earlier, and the non-food inflation rate to 21.8 per cent down from 24.2 per cent in November. With the arrival of the meher harvest into the markets, availability of cereals is improving, leading to slightly declining prices in most markets.
However, prices generally remain well above 50 per cent of the five-year average, which negatively impacts the purchasing power of the most vulnerable households and the overall food security situation in the country.
For more information, contact:
- UN Office for the Coordination of Humanitarian Affairs
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