2020/21 Third Quarter

The National Bank of Ethiopia's Quarterly Bulletin for the third quarter of 2020/21 provides an overview of the country's macroeconomic and social indicators, including inflation, monetary developments, and external sector performance. The bulletin reports that Ethiopia's headline inflation increased to 5.5% in the third quarter, driven by a rise in food and non-food inflation, while the country's broad money supply grew by 27.7% annually, driven by a surge in domestic credit.