By Jason McLure
April 9 (Bloomberg) — Ethiopia’s annual inflation rate increased to 22.9 percent in February led by rising food costs, the Central Statistical Agency said.
Inflation expanded from 19.4 percent in January, the Addis Ababa-based agency said in a report today. Food prices climbed 30.2 percent on an annual basis, from 28 percent in January, according to the report.
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To contact the reporter on this story: Jason McLure in Addis Ababa via the Johannesburg bureau at [email protected].