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Ethiopia yr/yr inflation falls to 7 pct in August

A boy sells tomatoes at an open-air market in Nairobi June 11, 2009. REUTERS/Noor Khamis (Reuters)

ADDIS ABABA (Reuters) - Ethiopia's year-on-year inflation rate slowed to 7 percent in August from 8 percent a month earlier, official data showed on Friday. Food price inflation eased to 3.8 percent in August, down from 5.8 percent in July, while non-food inflation rate edged higher to 10.8 percent from 10.5 percent in July, the Central Statistical Agency said in a statement.