FX.co ★ Ethiopia Inflation Rate at 1-Year High

Ethiopia’s annual inflation rate rose to 13.9% in June 2026, the highest level in a year and up from 13.4% in May. Food inflation edged higher to 15.1% from 15% in the previous month, reaching its highest rate since January 2025. This was driven by broad-based increases in food prices, including bread and cereals (7.3%) and vegetables (12.8%), while price growth for meat products slowed to 19.2%.

Non-food inflation also accelerated, climbing to 12.2% from 11.1%. Housing and utilities costs rose further (9.5% vs 6.8%), as did prices in restaurants and hotels (12% vs 10.5%), furnishings (13% vs 12.7%), clothing and footwear (13.5% vs 13.2%), and education (17.3% vs 9.6%). By contrast, inflation eased in the transport sector (14.3% vs 17.1%) and for alcoholic beverages and tobacco (14.5% vs 14.6%).

On a monthly basis, consumer prices increased by 1% in June, slowing from a 1.7% rise in May.