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Ethiopia’s inflation at 12.2 pct year-on-year in Oct -stats bureau

Ethiopia's inflation

ADDIS ABABA, Nov 3 (Reuters) – Ethiopia’s year-on-year inflation rose to 12.2 percent in October, the statistics bureau said on Friday, up from 10.8 percent the previous month.

The rise was driven by increases in food prices, which reached 16.1 percent in October from 13.2 percent in the previous month.

Non-food inflation slowed to 7.8 percent from 8.1 percent in September. (reporting by Aaron Maasho; writing by Katharine Houreld; editing by Gareth Jones)

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