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In 2017, consumer price index for Ethiopia was 249.1 index. Consumer price index of Ethiopia increased from 4.7 index in 1968 to 249.1 index in 2017 growing at an average annual rate of 8.93 %.The description is composed by our digital data assistant.
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.