Ethiopia’s annual inflation rate eased for the second consecutive month, edging down to 14.9% in September 2026 from 15.1% in August. Food and non-alcoholic beverages saw a slight moderation in price growth, with inflation dipping to 14.8% from 14.9%, driven in particular by slower increases in the prices of vegetables (11.4% vs 12.1%) and meat (22% vs 22.6%).
In contrast, non-food inflation picked up, accelerating to 15.1% from 14.8%. Upward pressure was sustained across several categories, including alcoholic beverages and tobacco (18.2% vs 18.8%), furnishings and household equipment (16.5% vs 16.7%), restaurants and hotels (15.3% vs 14.6%), clothing and footwear (15% vs 14.7%), and housing and utilities (13.6% vs 13.7%).
On a monthly basis, the consumer price index (CPI) rose by 1.8% in September, following a 0.9% increase in the previous month.
