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Impact of coronavirus (COVID-19) on projected inflation in Ethiopia in 2020 and 2021

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Source

Release date

June 2020

Region

Ethiopia

Survey time period

June 2020

Supplementary notes

Assumptions:
1) Baseline scenario: pandemic subsides in July 2020
2) Worst-case scenario: pandemic continues to December

Citation formats

Impact of COVID-19 on projected inflation in Ethiopia 2020-2021

Published by Zeynep Dierks, Sep 23, 2020
As of June 2020, the projected inflation rate in Ethiopia was revised, considering the effects of the COVID-19 pandemic. Before the outbreak, the inflation was projected at **** percent in 2020 and *** percent in 2021. Under the assumption of a worst-case scenario, where the pandemic continues to the end of 2020, the outlook was reviewed to **** percent and **** percent as of 2020 and 2021, respectively.
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