Price DatabaseJuly 2012: This note provides our regular quarterly update of price levels for a wide range

e of goods and services in Addis Ababa. As usual, a total of 184 prices have been compiled under nine broad categories and the data collection exercise was conducted in collaboration with Horizon Ethiopia. The latest price data reveal double-digit year-on-year price increases for just over half of surveyed goods and services (or 93 out of 184 items). Most prominent among the commodities showing double-digit price increases are construction machinery rentals (i.e., dozers & excavators), local wooden building materials and certain fruits & vegetables (i.e., onions, bananas). More than a third of the items (37 percent) in the survey show year-on-year price declines. Notable year-on-year price declines were observed in certain widely used construction and building materials (i.e., cement & reinforcement bars) and urban land lease prices across town. On the basis of weights utilized for Addis Ababas official price index, we calculate an 18 percent average year-on-year inflation rate for the 184 commodities and services covered in our city-wide survey. This inflation estimate stands close to the 19 percent year-on-year inflation reported for Addis Ababa by the Central Statistical Agency for July 2012. Looking at food price trends alone, our survey shows year-on-year food inflation in Addis Ababa at 32 percent somewhat higher than the 25 percent year-on-year food inflation reported by the CSA during this period.

For the fourth time now, our survey included questions on price expectations for the coming quarter. More specifically, for all 184 prices surveyed, we asked retailers and businesses what price levels they anticipate in about three months time, namely in October 2012. The survey reveals an expectation of continued price rises for 23 percent (or 42 out of 184) of surveyed commodities and services. The expected quarterly inflation rate for all products is in the singledigits, at 2.5 percent, held down largely by an expected negative inflation of rate of -6.1 percent anticipated for food items, understandably due to seasonal effects. As this is only a quarterly figure, however, the implied inflation expectation from our business survey translates to an annual inflation rate of about 10 percent (i.e., 2.5 times 4) for the period ahead. This is somewhat lower than Access Capitals projections of 12 percent year-on-year inflation for end-December 2012 and what we anticipate will be an inflation rate in the low teens for most of 2013. An electronic version of the www.accesscapitalsc.com/research. price database is available at our website at

August 2012 Access Capital Research

Price DatabaseJuly 2012

NAME

DESCRIPTI ON

Q3 Prices (July 2011)

Q3 Prices (July 2012)

Percentage Change

I. Consumer Goods
Teff White Birr/quintals Black - Birr/ quintals Home Delivered 1 liter/per day for a monthly Mama (Pack/Birr) Light (not dark) Injera in Birr/Piece Bulk salt (as opposed to in a shaker) (Birr/450 g/m) Habesha (Birr/Piece) Ferenj (Birr/Piece) Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg (Imported) Birr/Piece (350 gram) Gelgel in Birr Yedelebe in Birr Habesha in Birr Yedelebe in Birr Retail Price in Birr/Kg Wolella Birr/kg
1,080.0 930.0 321.0 1,700.0 57% 1,400.0 51% 400.0 25% 7.5 2.5 10.0 33% 3.0 20% 4.2 5.0

Milk

Injera

Table Salt

20% 2.0 2.1 24.8 4.4 7.0 24.0 34.0 6.4 14.3 7.5 60.0 3.9 543.0 1,300.0 57.0 15,000.0 14.3 61.0 2.3 15% 2.3 10% 30.0 10.0 10.0 30.0 45.0 7.0 18.0 15.0 70.0 17% 4.0 4% 1,200.0 2,000.0 54% 100.0 25,000.0 67% 14.5 2% 80.0 31% 75% 121% 21% 127% 43% 25% 32% 9% 26% 100%

Egg

Green Pepper Onions Tomatoes Broccoli Spinach Potatoes Orange Banana Apple Bread Sheep

Chicken Ox (Cow) Sugar Honey

Price DatabaseJuly 2012

Berbere

Shuro Rice Meat Meat Cooking Oil

Unprocessed per Feresula (17kg) in Birr Processed Birr/kg Birr/Kg Birr/Kg (Busmeti) Chikena/special /kg Kitfo and Kurt/kg 3 liter (Imported) in Birr 3 liter (Local) in Birr Ethiopian Style (Sheno) in Birr/Kg Abyssinia 0.5 Liters in Birr Coca Cola (300 ml) in Birr Birr/ kg /Special/ Nyala (Birr/Pack) Marlboro (Birr/Pack) Duty Free Marlboro (Birr/Pack) Duty Free Rothmans (Birr/Pack) White Horse (1 Liter) in Birr Black Label (1 Liter) in Birr Giorgis (330 ml) in Birr Castel (330 ml) in Birr Meta (330 ml) in Birr Dashen (330 ml) in Birr Heineken (330 ml) in Birr

850.0 79.0 46.0 37.0 80.0 73.0 71.3

850.0 80.0 45.0 37.0

0% 1% -2% 0%

120.0 50% 120.0 64% 71.3 0%

144.0 100.0

120.0 -17% 100.0 0%

Butter

Bottled Water Soft drinks Coffee Cigarettes

4.8 4.5 160.0 20.0 35.0 40.0

5.0 5% 6.0 33% 140.0 -13% 18.0 -10% 40.0 14% 40.0 0%

40.0

40.0 0%

Whisky

570.0 1,245.0 10.0 11.0 8.5 10.0 30.0 II. Services

850.0 49% 1,500.0 20% 12.0 20% 14.0 27% 11.0 29% 12.0 20% 35.0 17%

Beer

Price DatabaseJuly 2012

Haircut Laundry Shoe shine Hairdressing Toilet Soaps Hair Oil (Zenith) Sanitary Napkin (Modes) Taxi

One time use in Birr For Suit (in Birr) One time use in Birr One time use in Birr 90 gram (Dove) 330 ml Unit Short Distance in Birr Medium Distance in Birr Long Distance in Birr Anbesa - Short Distance in Birr Anbesa - Long Distance in Birr Higer - Short Distance in Birr Higer - Long Distance in Birr Membership (Birr/Month) Retail Prices in Birr per Quintal (Muger OPC) by Gauge/Producer 35 gauge in Birr 32 gauge in Birr 28 gauge in Birr Birr In Berga or 12 meter length (Local) 8 mm 10 mm 12 mm 14 mm 16 mm 20 mm

20.0 40.0 2.0 20.0 15.0 10.0 10.0 1.3 2.6 3.7 1.5 2.5 1.9 3.0 510.0

30.0 40.0 2.0 30.0 20.0 15.0 15.0 1.35 2.7 3.8 1.5 2.3 1.5 3.0 750.0

50% 0% 0% 50% 33% 50% 50% 8% 4% 3% 0% -8% -21% 0% 47%

Bus

Gym

III. Construction and Building Materials

Cement
430 270 -37%

Corrugated/Galvani zed Steel Sheet a. Elfign Bahru b.Elfign Bahru c.Kaliti Reinforcement Iron

115 165 175

120 174 225

4% 5% 29%

110 185 270 385 465 785

104 158 128 317 417 655

-5% -15% -53% -18% -10% -17%

Price DatabaseJuly 2012

Birr In Berga or 12 meter length (Imported/Turk ey 8 mm 10 mm 12 mm 14 mm 16 mm 20 mm Angle Iron in Birr by Size (Thickness) 40x3 mm 30x3 mm 25x3 mm Building and Wooden Materials a. Timber , Local In Birr by Size 10 cm (Pines) 15 cm (Pines) 20 cm (Pines) 25 cm (Pines) 30 cm (Pines) 20 cm (Eucalyptus) 25 cm (Eucalyptus) 30 cm (Eucalyptus) 15 cm Thickness 20 cm Thickness 25 cm Thickness 30 cm Thickness Weraj (8m) Mager (4m) Kwami (4m) d. Nails Electrical Equipments a. Cables (100 Meters) 5kg. Pack in Birr in Birr by Size/Type 1.5cm thickness (Local) 1.5cm thickness (Imported)

105 185 270 370 470 585

108 164 232 332 432 625

3% -11% -14% -10% -8% 7%

230 170 150

240 210 190

4% 24% 27%

65 50 85 130 160 45 55 60 120 160 200 240 40 16 24 115

115 120 160 185 220 90

77% 140% 88% 42% 38% 100%

100 82% 220 267% 150 25% 200 25% 250 25% 295 23% 30 20 25 140 22% -25% 25% 4%

b. Timber, Imported

c. Wood (Atana)

450 380

600 33% 500 32%

Price DatabaseJuly 2012

b. Circuits (25 Ampere)

ABB SIEMENS

110 115

130 18% 130 13%

IV. Construction Machinery and Vehicle Rentals

Isuzu Dozer a. Dozer (CAT D8R 305HP) b. Dozer (CATD7R 305HP) Grader a. Grader (CAT 140H) b. Grader (China XCMG 115G) Excavator a. Excavator (CAT, 315-345 without Jackhammer) Loader a. Loader (China XCMG 3m3) b. Loader (China XGMA 3m3) Car Tires a. 857x12.20 Bridgestone (Front) b. 802x12.20 Bridgestone (Rear) c. 335x12.20 Bridgestone (Rear) d. 12x20 Pirelli (Front) e. 12x20 Pirelli (Front), China a. Benzene b. Diesel Oil c. Kerosene Charcoal (Quintal) a. Half Qtl. b. One Qtl. Electricity Consumption Charge (Kwh) a. Domestic Birr/Hour Birr/Hour
950 650 2,200 132% 1,700 162%

Birr per trip (15Km)

850

600

-29%

Birr/Hour Birr/Hour

800 700

1,100 38% 1,000 43%

Birr/Hour

700

1,200 71%

Birr/Hour Birr/Hour

450 450

600 33% 600 33%

Birr /Piece Birr /Piece Birr /Piece Birr /Piece Birr /Piece

11,000 11,500 11,300 10,700 8,050

14,500 32% 15,500 35% 16,500 46% 14,000 31% 11,000 37%

V. Fuel, Water & Energy Prices (Tariffs)

Birr per liter Birr per liter Birr per liter in Birr in Birr Fee/Kwh (Equivalent Flat Rate in Birr) Birr/Kwh
20.9 17.7 14.1 18.78 16.91 13.85 -10% -5% -1%

110.0 160.0

110.0 150.0

0% -6%

0.47

0.47

0%

Price DatabaseJuly 2012

Customers b. General Commercial c.. High Voltage (132kV) Industrial d. Low Voltage (380V) Industrial e. Medium Voltage (380V) Industrial Water & Sewerage Services Charges (Meter Cube a. Domestic Customers (Monthly Water Consumption) 0-7 M3 8 up to 20 M3 above 20 M
3

Birr/Kwh Birr/Kwh Birr/Kwh Birr/Kwh Tariff /M3 (in Birr per month) Birr /M3

0.67 0.38 0.58 0.41

0.67 0.38 0.58 0.41

0% 0% 0% 0%

1.75

1.75

0%

Birr /M3 Birr /M

3

3.80 4.75 4.75

3.80 4.75 4.75 1.75

0% 0% 0% 0%

b. Non Domestic Customers (Commercial) c. Public Fountains (Bonno Weha) EAL International Freight Rates a. Injera +300kg b. Meat + 1000kg c. Flowers + 300kg d. Personal items (+100kg) ESL Freight Charges (Containers)

Birr /M3 Birr /M3

1.75

VI. Freight Charges

USD Cost of Cargo per Kg Addis Ababa Dubai Addis Ababa Dubai Addis Ababa Dubai Addis Ababa Dubai Transport Cost per TEU (Twenty Feet Equivalent Unit) in USD for Imported Items (by Port of Origin) Istanbul

0.95 0.96 1.30 1.90

0.71 0.71 1.05 2.00

-25% -26% -19% 5%

a. Gulf & Indian Sub-Continent Trade Route

1,600

1,600 0%

Singapore Jakarta b. Far East Trade Route Dalian

1,225 1,475 1,775

1,225 1,475 1,775

0% 0% 0%

Price DatabaseJuly 2012

Qingdao Shanghai Tokyo C. North Continent and Mediterranean Trade Route Djibouti Port Handling Charge (Containers) Genoa

1,775 1,775 2,050 1,400

1,775 1,775 2,050 1,400

0% 0% 0%

0%

Southampton Storage Charges per TEU (Twenty Feet Equivalent Unit) in USD local Import/Export local Import/Export Birr per Quintal

1,500

1,500

0%

a. 9-15 days storage b. 11-15 days storage Road Freight Transport (Djibouti-Addis Ababa) a. Dry Bulk Traffic b. Liquid Bulk Traffic (Fuel) Auction

7.1 8.8

7.1 0% 8.8 0%

Birr/Quintal Birr/Quintal

80.0 84.0

80.0 82.0

0% -2%

VII. Urban Land Lease Prices

Commercial and Mixed Use (Birr/M2) Commercial Commercial and Mixed Use Commercial and Mixed Use Industry and Residential (Birr/M2) Residential Industrial

a. Arada Sub-City b. Kirkos Sub-City c. Lideta Sub-City Negotiation

10,500 9,050 7,020

7,522 7,748 3,511

-28% -14% -50%

a. Bole Sub-City b .Akaki-Kaliti Sub-City Rental Prices G+1 and above 250 sqm. G+1 and above 500 sqm. G+1 and above 1000 sqm. Sale Prices G+1 and above 250 sqm.

14,900.00 2,222

6,144.80 811

-59% -64%

VIII. Residential Houses Sale & Rents

Birr/Month Birr/Month Birr/Month
13,800 33,350 48,300 20,000 30,000 50,000 45% -10% 4%

in Birr

2,650,000

4,000,000

51%

Price DatabaseJuly 2012

G+1 and above 500 sqm. G+1 and above 1000 sqm. Skilled Labor Carpenter (Furniture and Shuttering) Mason (Brick or Stone) Heavy Vehicle Driver/Machine Operator a Dozer, Loader , Roller b. Excavator, Grader Electrician Semi-Skilled Labor Plumber Unskilled labor Daily Labors Professionals Accountant (Degree),0-3 years of experience a. Government b. Private c. NGO Secretary (Degree), 0-3 years of experience a. Government b. Private c. NGO Managers

in Birr in Birr

4,200,000 5,850,000

7,500,000 8,000,000

79% 37%

IX. Wages & Salaries

Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Monthly Salary Birr/Month Birr/Month Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr)
8

140

110

-21%

145

90

-38%

3,000 7,000 140

4,000 6,000 120

33% -14% -14%

80

100

25%

40

40

0%

1,499 1,260 3,712

1,499 1,260 3,712

0% 0% 0%

1,296 1,170 2,329

1,296 1,170 2,329

0% 0% 0%

a. Government b. Private c. NGO Doctor (General Practitioner-GP)

4,350 5,466 8,500

4,350 5,466 8,500

0% 0% 0%

Price DatabaseJuly 2012

a. Government b. Private c. NGO Domestic Services

Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month

3,425 10,000 9,000

3,425 10,000 9,000

0% 0% 0%

Maid/Janitor Guard

400 500

400 500

0% 0%

Price DatabaseJuly 2012

Year-on-Year Inflation Analytics on the basis of Access Capital's Quarterly Price Survey-Addis Ababa (July 2011 Vs July2012) I. AC Price Database Survey--Addis Q3/Q3 Weighted Jul-11 Jul-12 Ababa Y-o-Y Inflation
GENERAL INFLATION FOOD INFLATION NON-FOOD INFLATION
Beverages Cigarettes and Tobacco House Rent, Construction Materials, Water and Fuel and Power Transport and Communication Personal care and Effects

238.8 263.7 221.6

264.4 250.8 184.2 215.0 303.5

281.5 348.0 239.6

332.8 256.4 199.1 163.7 388.6

17.9% 32.0% 8.1%

25.9% 2.2% 8.1% -23.9% 28.0%

Source: CSA's Consumer Price Index Survey July 2011 & Access Capital's Price Database Survey--Addis Ababa (July 2012)

Inflation Analytics on the basis of Central Statstical Agencys Monthly Consumer Price Survey Addis Ababa (July 2011 Vs July2012) II. Central Statstical Agency CPI Q3/Q3 Weighted Y-o-Y Jul-11 Jul-12 Survey--Addia Ababa Inflation
GENERAL INFLATION FOOD INFLATION NON-FOOD INFLATION
Beverages Cigarettes and Tobacco House Rent, Construction Materials, Water and Fuel and Power Transport and Communication Personal care and Effects

238.8 263.7 221.6

264.4 250.8 184.2 215.0 303.5

284.9 330.8 253

320.8 292 196.3 213.7 354.2

19.3% 25.4% 14.2%

21.3% 16.4% 6.6% -0.6% 16.7%

Inflation Analytics on the basis of Central Statstical Agencys Monthly Consumer Price Survey Country Level (July2011 Vs July2012)
GENERAL INFLATION FOOD INFLATION NON-FOOD INFLATION
Beverages Cigarettes and Tobacco House Rent, Construction Materials, Water and Fuel and Power Transport and Communication Personal care and Effects

254.9 275.4
227.9 246.8 264.8 209.9 205.0 281.9

306.0 332.3
271.2 303.1 269.2 238.7 202.3 336.4

20.0% 20.7% 19.0%

22.8% 1.7% 13.7% -1.3% 19.3%

Source: CSA's Consumer Price Index Survey July 2011 & Access Capital's Price Database Survey--Addis Ababa (July 2012)

10

Price DatabaseJuly 2012

TOP 10 HIGHEST PRICE INCREASES Item

1 2 3 4 5 6 7 8 9 Building and wooden materials: Local timber, 30cm Eucalyptus Construction Machinery Rentals: Dozer (CAT D7R 305HP) , Birr/Hour Building and wooden materials: Local timber 15cm pines Construction Machinery Rentals: Dozer (CAT D8R 305HP) , Birr/Hour Consumer Goods: Onions, Birr/kg Consumer goods: Sheep 'Gelgel' in Birr Consumer Goods: Banana, Birr/kg Building and wooden materials: Local timber, 20cm Eucalyptus Building and wooden materials: Local timber 20cm pines Construction Machinery Rentals: Excavator (CAT, 315-345 without Jackhammer), Birr/Hour

July 2011 Prices

60 650 50 950 4.4 543 7.5 45 85 700

July 2012 Prices

220 1700 120 2,200 10 1,200 15 90 160 1,200

% Increase
266.7% 161.5% 140.0% 131.6% 127.3% 121.0% 100.0% 100.0% 88.2% 71.4%

10

TOP 10 LOWEST PRICE DECREASES July 2011 Prices

1 2 3 4 5 6 7 8 9 10 Urban land lease prices: Akaki Sub-City in birr/m2 (Industrial) Urban land lease prices: Bole Sub-City in birr/m2 (Residential) Building and wooden materials: Reinforcement Iron, 12 mm (Local) Urban land lease prices: Lideta Sub-City in birr/m2 (Commercial and Mixed Use) Wages & Salaries: Mason, Average Daily Fee (in Birr) Cement, Retail Prices in Birr per quintal (Muger OPC) Construction Machinery Rentals: Isuzu, Birr per trip (15Km) Urban land lease prices: Arada Sub-City in birr/m2 (Commercial) Freight Charges: Addis Ababa - Dubai (Meat + 1000kg) Freight Charges: Addis Ababa - Dubai ( Injera +300kg) 2,222 14,900 270 7,020 145 430 850 10,500 0.96 0.95

July 2012 Prices

811 6,145 128 3,511 90 270 600 7,522 0.71 0.71

% Decrease
-63.5% -58.8% -52.6% -50.0% -37.9% -37.2% -29.4% -28.4% -26.0% -25.3%

11

Price DatabaseJuly 2012

Expected Inflation Analytics on the basis of Access Capital's Quarterly Price Survey-Addis Ababa (July 2012 Vs October 2012) Q3/Q4 Weighted Expected Jul-12 Oct-12 Inflation I. AC Price Database Survey--Addis Ababa
GENERAL INFLATION FOOD INFLATION NON-FOOD INFLATION
Beverages Cigarettes and Tobacco House Rent, Construction Materials, Water and Fuel and Power Transport and Communication Personal care and Effects 163.7 388.6 173.7 388.6 6.1% 0.0%

281.5 348.0 239.6

332.8 256.4 199.1

288.6 326.6 240.0

334.1 256.4 199.4

2.5% -6.1% 0.2%

0.4% 0.0% 0.1%

*Expected Inflation in October 2012 Source: Access Capital's Quarterly Price Database SurveyAddis Ababa

12

Price DatabaseJuly 2012

Table: Inflation Expectations Next Quarter (July 2012 Vs October 2012)

NAME DESCRIPTION Q3 Prices (July 2012) Expected Q4 Prices (October 2012) Percentage Change

I. Consumer Goods
Teff Milk White - Birr/quintals Black - Birr/ quintals Home Delivered 1 liter/per day for a monthly Mama (Pack/Birr) Injera Table Salt Egg Green Pepper Onions Tomatoes Broccoli Spinach Potatoes Orange Banana Apple Bread Sheep Chicken Ox (Cow) Sugar Honey Berbere Light (not dark) Injera in Birr/Piece Bulk salt (as opposed to in a shaker) (Birr/450 g/m) Habesha (Birr/Piece) Ferenj (Birr/Piece) Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg Birr/kg (Imported) Birr/Piece (350 gram) Gelgel in Birr Yedelebe in Birr Habesha in Birr Yedelebe in Birr Retail Price in Birr/Kg Wolella Birr/kg Unprocessed - per Feresula (17kg) in Birr Processed Birr/kg Shuro Rice Meat Meat Birr/Kg Birr/Kg (Busmeti) Chikena/special/kg Kitfo and Kurt/kg
1,700.0 1,400.0 400.0 10.0 3.0 5.0 2.3 2.3 30.0 10.0 10.0 30.0 45.0 7.0 18.0 15.0 70.0 4.0 1,200.0 2,000.0 100.0 25,000.0 14.5 80.0 850.0 80.0 45.0 37.0 120.0 120.0 1,600.0 1,300.0 400.0 10.0 3.0 5.0 2.3 2.3 24.0 10.0 10.0 30.0 25.0 6.0 18.0 15.0 70.0 4.0 1,500.0 2,500.0 150.0 30,000.0 14.5 80.0 750.0 75.0 45.0 37.0 120.0 120.0 -6% -7% 0% 0% 0% 0% 0% 0% -20% 0% 0% 0% -44% -14% 0% 0% 0% 0% 25% 25% 50% 20% 0% 0% -12% -6% 0% 0% 0% 0%

13

Price DatabaseJuly 2012

Cooking Oil Butter Bottled Water Soft drinks Coffee Cigarettes

3 liter (Imported) in Birr 3 liter (Local) in Birr Ethiopian Style (Sheno) in Birr/Kg Abyssinia 0.5 Liters in Birr Coca Cola (300 ml) in Birr Birr/ kg /Special/ Nyala (Birr/Pack) Marlboro (Birr/Pack) Duty Free Marlboro (Birr/Pack) Duty Free Rothmans (Birr/Pack)

71.3 120.0 100.0 5.0 6.0 140.0 18.0 40.0 40.0 40.0 850.0 1,500.0 12.0 14.0 11.0 12.0 35.0

71.3 120.0 100.0 5.0 6.0 150.0 18.0 40.0 40.0 40.0 850.0 1,500.0 12.0 14.0 11.0 12.0 35.0

0% 0% 0% 0% 0% 7% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

Whisky Beer

White Horse (1 Liter) in Birr Black Label (1 Liter) in Birr Giorgis (330 ml) in Birr Castel (330 ml) in Birr Meta (330 ml) in Birr Dashen (330 ml) in Birr Heineken (330 ml) in Birr

II. Services
Haircut Laundry Shoe shine Hairdressing Toilet Soaps Hair Oil (Zenith) Sanitary Napkin (Modes) Taxi One time use in Birr For Suit (in Birr) One time use in Birr One time use in Birr 90 gram (Dove) 330 ml Unit Short Distance in Birr Medium Distance in Birr Long Distance in Birr Bus Anbesa - Short Distance in Birr Anbesa - Long Distance in Birr Higer - Short Distance in Birr Higer - Long Distance in Birr Gym Cement Corrugated/Galvanized Steel Sheet a. Elfign Bahru b.Elfign Bahru Membership (Birr/Month) Retail Prices in Birr per Quintal (Muger OPC) by Gauge/Producer 35 gauge in Birr 32 gauge in Birr
120 174 122 176 2% 1% 30.0 40.0 2.0 30.0 20.0 15.0 15.0 1.35 2.7 3.8 1.5 2.3 1.5 3.0 750.0 30.0 40.0 2.0 30.0 20.0 15.0 15.0 1.35 2.7 3.8 1.5 2.3 1.5 3.0 750.0 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

III. Construction and Building Materials

270 270 0%

14

Price DatabaseJuly 2012

c.Kaliti Reinforcement Iron

28 gauge in Birr Birr In Berga or 12 meter length (Local) 8 mm 10 mm 12 mm 14 mm 16 mm 20 mm Birr In Berga or 12 meter length (Imported/Turkey 8 mm 10 mm 12 mm 14 mm 16 mm 20 mm

225

230

2%

104 158 128 317 417 655

110 160 130 320 420 670

6% 1% 2% 1% 1% 2%

108 164 232 332 432 625

112 169 236 336 437 630

4% 3% 2% 1% 1% 1%

Angle Iron

in Birr by Size (Thickness) 40x3 mm 30x3 mm 25x3 mm

240 210 190 250 220 200 4% 5% 5%

Building and Wooden Materials a. Timber , Local

In Birr by Size 10 cm (Pines) 15 cm (Pines) 20 cm (Pines) 25 cm (Pines) 30 cm (Pines) 20 cm (Eucalyptus) 25 cm (Eucalyptus) 30 cm (Eucalyptus) 15 cm Thickness 20 cm Thickness 25 cm Thickness 30 cm Thickness Weraj (8m)
115 120 160 185 220 90 100 220 150 200 250 295 30 20 25 140 120 125 165 190 225 100 110 225 155 210 260 300 40 20 25 140 4% 4% 3% 3% 2% 11% 10% 2% 3% 5% 4% 2% 33% 0% 0% 0%

b. Timber, Imported

c. Wood (Atana) Mager (4m) Kwami (4m) d. Nails Electrical Equipments 5kg. Pack in Birr in Birr by Size/Type

15

Price DatabaseJuly 2012

a. Cables (100 Meters) b. Circuits (25 Ampere)

1.5cm thickness (Local) 1.5cm thickness (Imported) ABB SIEMENS

600 500 130 130

600 500 130 130

0% 0% 0% 0%

IV. Construction Machinery and Vehicle Rentals

Isuzu Dozer a. Dozer (CAT D8R 305HP) b. Dozer (CATD7R 305HP) Grader a. Grader (CAT 140H) b. Grader (China XCMG 115G) Excavator a. Excavator (CAT, 315-345 without Jackhammer) Loader a. Loader (China XCMG 3m3) b. Loader (China XGMA 3m3) Car Tires a. 857x12.20 Bridgestone (Front) b. 802x12.20 Bridgestone (Rear) c. 335x12.20 Bridgestone (Rear) d. 12x20 Pirelli (Front) e. 12x20 Pirelli (Front), China a. Benzene b. Diesel Oil c. Kerosene Charcoal (Quintal) a. Half Qtl. b. One Qtl. Electricity Consumption Charge (Kwh) a. Domestic Customers b. General Commercial c.. High Voltage (132kV) Industrial d. Low Voltage (380V) Birr/Hour Birr/Hour
600 600 600 600 0% 0%

Birr per trip (15Km) Birr/Hour Birr/Hour Birr/Hour Birr/Hour

600

650

8%

2,200 1,700

2,200 1,700

0% 0%

1,100 1,000

1,100 1,000

0% 0%

Birr/Hour

1,200

1,200

0%

Birr /Piece Birr /Piece Birr /Piece Birr /Piece Birr /Piece Birr per liter Birr per liter Birr per liter in Birr in Birr Fee/Kwh (Equivalent Flat Rate in Birr) Birr/Kwh Birr/Kwh Birr/Kwh Birr/Kwh

14,500 15,500 16,500 14,000 11,000

15,000 16,000 17,000 14,500 11,500

3% 3% 3% 4% 5%

V. Fuel, Water & Energy Prices (Tariffs)

18.78 16.91 13.85 18.78 16.91 13.85 0% 0% 0%

110.0 150.0

100 145

-9% -3%

0.47 0.67 0.38 0.58

0.47 0.67 0.38 0.58

0% 0% 0% 0%

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Price DatabaseJuly 2012

Industrial e. Medium Voltage (380V) Industrial Water & Sewerage Services Charges (Meter Cube a. Domestic Customers (Monthly Water Consumption) 0-7 M3 8 up to 20 M3 above 20 M
3

Birr/Kwh

0.41

0.41

0%

Tariff /M3 (in Birr per month) Birr /M3

1.75 1.75 3.80 4.75 4.75 1.75 0% 0% 0% 0% 0%

Birr /M3 Birr /M

3

3.80 4.75 4.75 1.75

b. Non Domestic Customers (Commercial) c. Public Fountains (Bonno Weha) EAL International Freight Rates a. Injera +300kg b. Meat + 1000kg c. Flowers + 300kg d. Personal items (+100kg) ESL Freight Charges (Containers) a. Gulf & Indian SubContinent Trade Route

Birr /M3 Birr /M3

VI. Freight Charges

USD Cost of Cargo per Kg Addis Ababa - Dubai Addis Ababa - Dubai Addis Ababa - Dubai Addis Ababa - Dubai Transport Cost per TEU (Twenty Feet Equivalent Unit) in USD for Imported Items (by Port of Origin) Istanbul Singapore Jakarta b. Far East Trade Route Dalian Qingdao Shanghai Tokyo C. North Continent and Mediterranean Trade Route Djibouti Port Handling Charge (Containers) a. 9-15 days storage b. 11-15 days storage Road Freight Transport (Djibouti-Addis Ababa) a. Dry Bulk Traffic b. Liquid Bulk Traffic (Fuel) Genoa Southampton Storage Charges per TEU (Twenty Feet Equivalent Unit) in USD local Import/Export local Import/Export Birr per Quintal Birr/Quintal Birr/Quintal
80.0 82.0 80.0 82.0 0% 0% 7.1 8.8 7.1 8.8 0% 0% 0.71 0.71 1.05 2.00 0.71 0.71 1.05 2.00 0% 0% 0% 0%

1,600 1,225 1,475 1,775 1,775 1,775 2,050 1,400 1,500

1,600 1,225 1,475 1,775 1,775 1,775 2,050 1,400 1,500

0% 0% 0% 0% 0% 0% 0% 0% 0%

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Price DatabaseJuly 2012

VII. Urban Land Lease Prices

Auction a. Arada Sub-City b. Kirkos Sub-City c. Lideta Sub-City Negotiation a. Bole Sub-City b .Akaki-Kaliti Sub-City Commercial and Mixed Use (Birr/M2) Commercial Commercial and Mixed Use Commercial and Mixed Use Industry and Residential (Birr/M ) Residential Industrial
6,144.80 811 6,145.80 812 0% 0%
2

7,522 7,748 3,511

7,522 7,748 3,511

0% 0% 0%

VIII. Residential Houses Sale & Rents

Rental Prices G+1 and above 250 sqm. G+1 and above 500 sqm. G+1 and above 1000 sqm. Sale Prices G+1 and above 250 sqm. G+1 and above 500 sqm. G+1 and above 1000 sqm. Birr/Month Birr/Month Birr/Month in Birr in Birr in Birr
20,000 30,000 50,000 20,000 30,000 50,000 0% 0% 0%

4,000,000 7,500,000 8,000,000

4,000,000 7,500,000 8,000,000

0% 0% 0%

IX. Wages & Salaries

Skilled Labor Carpenter (Furniture and Shuttering) Mason (Brick or Stone) Heavy Vehicle Driver/Machine Operator a Dozer, Loader , Roller b. Excavator, Grader Electrician Semi-Skilled Labor Plumber Unskilled labor Daily Labors Professionals Accountant (Degree),0-3 years of experience a. Government b. Private c. NGO Secretary (Degree), 0-3 years of experience a. Government Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Monthly Salary Birr/Month Birr/Month Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Daily Fee (in Birr) Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month
1,296 1,296 0% 1,499 1,260 3,712 1,499 1,260 3,712 0% 0% 0% 4,000 6,000 120 4,000 6,000 120 0% 0% 0% 110 90 110 90 0% 0%

100

100

0%

40

40

0%

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Price DatabaseJuly 2012

b. Private c. NGO Managers a. Government b. Private c. NGO Doctor (General PractitionerGP) a. Government b. Private c. NGO Domestic Services Maid/Janitor Guard

Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month Birr/Month Average Monthly Salary (in Birr) Birr/Month Birr/Month

1,170 2,329

1,170 2,329

0% 0%

4,350 5,466 8,500

4,350 5,466 8,500

0% 0% 0%

3,425 10,000 9,000

3,425 10,000 9,000

0% 0% 0%

400 500

400 500

0% 0%

19