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“Ethiopian Financial Forum” opened today in Addis Abeba. Excellent presentations and panel discussions. For me the most important data was the one revealed by NBE Governor Mamo Mihretu. *Inflation is now 13%, a huge decrease from the 30% rate recorded for three consecutive years. It’s now at the lowest...

49,299 views • 1 year ago •via X (Twitter)

11 Comments

zihan's profile picture
zihan1 year ago

Do you know that a single egg cost 20 birr sir?..... It used to be 17 in last couple of months... I don't do politics and stuff but where is the tangible outcome?

Lark Davis's profile picture
Lark Davis1 year ago

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Ethio National's profile picture
Ethio National1 year ago

Don't just sugarcoat it. You damn well know that on the ground, essentials like teff, oil, and fuel remain unaffordable. Unemployment is high, the birr is weak on the black market, and millions are displaced. Macro stability means little if it doesn’t reach everyday Ethiopians.

Amhara-Ethiopia's profile picture
Amhara-Ethiopia1 year ago

Money man- when are u tell us about the starved doctors? U are a walking proof of intelligence without conscience. What a waste!

Abᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠ's profile picture
Abᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠ1 year ago

You are not that stupid to remotely consider those numbers.

ymbmelly's profile picture
ymbmelly1 year ago

So why cant the state Pay doctors and Teachers?

conrad's profile picture
conrad1 year ago

You guys are selling our nation to the West so that you get commision for selling

EthiopiaTheWay's profile picture
EthiopiaTheWay1 year ago

Ethiopian inflation of 13% is pleasant news . I believe that it won't be long before it reaches single digits.

Unobscuresomething's profile picture
Unobscuresomething1 year ago

Political ads are banned on reddit. Reported

Abysiniaዬ💚💛❤️'s profile picture
Abysiniaዬ💚💛❤️1 year ago

Teff is 15000 birr

Him's profile picture
Him1 year ago

DON'T LOSE MY RESPECT SIR HOW DARE YOU SAY THE INFLATION 13% LIKE WE DON'T SEE IT IN REAL LIFE

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Zemedeneh Negatu

173,852 views • 1 year ago

Henrik Zeberg said the thing you're not allowed to say right now: "Inflation is not high here. Anybody who says that is not studying. Inflation is incredibly low." His argument isn't the CPI print. It's who's supposed to carry inflation higher: "People pointing to the 1970s here haven't studied the savings rate. The savings rate in the 1970s was between 10 and 20%. That means people actually had the extra money in the pocket when inflation was going up. That's a different situation today... There's nobody to carry inflation." Savings rate now: 2 to 3%. Job creation: "16,000 jobs per month in a 170 million job market, the most pathetic job market we have seen." An oil shock can move the calculation of inflation, he says, but inflation is what people do about it, and a consumer with 3% savings reprioritizes instead of paying up. Then the parallel that made me sit up: "2008, January, inflation was at 4% and the Fed cut by 125 basis points over two meetings. Nobody knew of the financial crisis. Now inflation is 3%, the job market is worse, and the Fed is talking about hiking. Why should they hike?" His call: they won't. They'll stay focused on the wrong mandate until they "really stare deflation in the eyes", and then scramble, late, like every time. Hiking here would be, in his words, one of their greatest mistakes ever. Everyone feels inflation at the checkout. He's looking at an economy with no savings, no job growth, and a Fed staring at the wrong mandate.

Michaël van de Poppe

42,440 views • 15 days ago