Mereja.Forum

[sarcasm]

Abiy increased petrol prices by 21% in 5 month between January and May while the international crude oil prices have actually fallen over the past few months!


Ethiopia Petrol price April 2018 - ETB 18
Ethiopia Petrol price January 2025 - ETB 101.47
Ethiopia Petrol price March 2025 - ETB 112.67
Ethiopia Petrol price May 2025 - ETB 122.53
Increase %age in 3 months (March to May) 9%
Increase %age in 5 months (January to May) 21%


UK average prices during those months:
January 2025:
Petrol: 136.85 pence per liter
Diesel: 142.91 pence per liter
May 2025:
Petrol: 133.18 pence per liter
Diesel: 140.06 pence per liter


Increase %age from April 2018 when PM Abiy took over = 681%!

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[Digital Weyane]

በወያኔ ዘመን በአሜሪካ እንገዛ ነበርን።
በአቢይ ዘመን በተባበሩት አረብ ኤሚሬትስ እየተገዛን ነው።
መቼ ነው ነፃ የምንወጣው?

[sarcasm]

Abiy is increasing oil prices by 21% in 5 months referencing "የአለም የነዳጅ ዋጋን መነሻ በማድረግ" while the world is talking about 25% oil prices crush since January 2025. Does he think Ethiopians do not know the state of international oil prices?



Why oil prices are falling and what it means for the economy
May 6, 20255:36 PM ET


President Trump promised that during his presidency gasoline prices would drop and U.S. oil production would boom.

One of those things is happening.

Prices at the pump have indeed gone down, largely because the price of crude oil has dropped by nearly 25% since the start of January. West Texas Intermediate, the U.S. benchmark, dropped from a peak of around $80 a barrel in mid-January to just under $60 today.

But that's not because U.S. producers are opening the spigot. Indeed, prices are now low enough that, on average, U.S. producers cannot profitably drill new wells, according to the latest survey data from the Dallas Federal Reserve.


Continue reading at https://www.npr.org/2025/05/06/nx-s1-53 ... riffs-opec

Abiy increased petrol prices by 21% in 5 month between January and May while the international crude oil prices have actually fallen over the past few months!

Ethiopia Petrol price April 2018 - ETB 18
Ethiopia Petrol price January 2025 - ETB 101.47
Ethiopia Petrol price March 2025 - ETB 112.67
Ethiopia Petrol price May 2025 - ETB 122.53
Increase %age in 3 months (March to May) 9%
Increase %age in 5 months (January to May) 21%


UK average prices during those months:
January 2025:
Petrol: 136.85 pence per liter
Diesel: 142.91 pence per liter
May 2025:
Petrol: 133.18 pence per liter
Diesel: 140.06 pence per liter


Increase %age from April 2018 when PM Abiy took over = 681%!

Please wait, video is loading...

[sarcasm]

I cannot understand why media agencies like Addis Standard would not use percentage analysis in the below reporting?

Using percentages enhances audience understanding and clarity by providing concrete numerical data, allowing readers to grasp trends and changes more easily than relying on abstract descriptions. It also allows for comparisons across different groups or time periods, highlighting significant differences or similarities. Percentages help illustrate how things are changing over time and can quantify the impact of events or policies.

https://x.com/addisstandard/status/1920788146507182423