April 16, 2009 / 3:21 PM / 10 years ago

Ethiopia's annual inflation falls to 23.7 pct in March

ADDIS ABABA, April 16 (Reuters) - Ethiopia’s annual inflation rate fell to 23.7 percent in March from 32.8 percent in February on lower food prices, the government said on Thursday.

Inflation in the huge Horn of Africa nation hit a high of 64.2 percent in July 2008 driven by high food and fuel prices.

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