APA-Addis Ababa (Ethiopia) A general inflation of 28.2 percent was witnessed last August, the Ethiopian Statistic Service (ESS) has announced.
Food items saw an inflation rate of 26.5 percent for the month, while non-food items experienced a 30.7 percent increase, according to a report issued by ESS over the weekend.
Overall, the inflation rate dropped slightly to 28.2 percent, compared to the previous month’s 28.8 percent.
As the end of August marked the eve of the Ethiopian New Year, many families faced challenges with holiday expenses and costs associated with sending their children back to school.
Numerous reports from various sources indicate that the cost of living has become exceedingly burdensome, with many struggling to afford even one meal a day.
Additionally, there is a looming famine crisis in several parts of Ethiopia, including the strife-torn Amhara and Tigray regions.
The country is grappling with a devastating conflict in the Amhara region, where the federal government has imposed a state of emergency.
MG/as/APA