Inflation Ethiopia 2018
Average inflation: 13.9%
Current Inflation
Inflation is very high at 13.9%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 16.8%. The lowest inflation was in November at 9.1%.
- Highest month
- June: 16.8%
- Lowest month
- November: 9.1%
- Difference
- 7.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 17.5%. The lowest price increase was in Food with an average of 12.6%.
- Highest increase
- Energy: 17.5%
- Lowest increase
- Food: 12.6%
Historical Context
Current inflation is 4.0% higher than the 5-year average of 9.9%. This approaches the highest level since records began (15.0% in 2012).
- 5-year average
- 9.9%
- 10-year average
- 10.4%
- All-time high (2012)
- 15%
- All-time low (2016)
- 7.3%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +3.0 percentage point.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- January: +10.3 percentage points
ECB Target
Inflation is 11.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €113.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 16.7% | +10.3 |
| February | 16.0% | +8.5 |
| March | 15.5% | +5.8 |
| April | 14.0% | +4.4 |
| May | 15.3% | +6.8 |
| June | 16.8% | +8.4 |
| July | 15.3% | +4.7 |
| August | 14.1% | +2.7 |
| September | 11.7% | -1.1 |
| October | 12.2% | -1.0 |
| November | 9.1% | -6.8 |
| December | 10.6% | -5.9 |
| Average | 13.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.