Renewed conflict in the north, crippling drought and stubbornly high inflation: Ethiopians rang in their new year on Sunday with little to celebrate. "The peace situation that you see and hear in different places is not good. Inflation in July was running at 33.5 percent, according to official data, with food inflation at 35.5 percent, deterring people from spending. If people had enough money in their hands... we wouldn't see smaller crowds like this during the holiday market." Some people have less income, they can no longer afford this... the current situation is very difficult," he told AFP.
Source: Ethiopian News September 11, 2022 16:23 UTC