Inflation in Ethiopia has been on the rise for nearly three years. Notwithstanding past policy measures to
address the phenomenon, it reached about 40 percent in May 2008, far exceeding the authorities’ policy target of single-digit inflation.2 At this level, and similar to other countries, Ethiopia faces a significant risk of inflation escalating further as inflation expectations may become ingrained unless appropriate adjustment policies are implemented… Read more [pdf]IMF Ethiopia Statistical Appendix July 2008
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IMF Staff Report for the 2008 Article IV Consultation
FORUM
