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'Everything increasing except wages': inflation batters Ethiopia

A peace deal signed last month between the federal government and Tigrayan rebels has raised hopes of an economic recovery.

The porters at Merkato, considered Africa's largest open-air market, earn five birr (nine US cents) for loading or unloading a crate. (AFP Photo)
By: NewVision Reporter, Journalists @NewVision

BUSINESS | INFLATION | ETHIOPIA

ADDIS ABABA - "Everything is increasing except our wages," Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa

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Business
Inflation
Ethiopia
Economy
Poverty