Home | News    Monday 24 December 2012

South Sudan’s annual inflation drops to 41%

separation
increase
decrease
separation
separation

By Julius N. Uma

December 23, 2012 (JUBA) - South Sudan’s annual inflation for November stood at just 41%, while its Consumer Price Index (CPI) increased by 19%, the National Bureau of Statistics (NBS) said.

However, while annual inflation in Juba, the South Sudan capital was 44.6%, that in Malakal (Upper Nile state) and Wau (Western Bahr el Ghazal) reportedly remained at 53.5% and 5.9% respectively.

Between October and November, the CPI, according to NBS increased by 13.8% in Malakal, 4.7% in Wau and by 18.2% in Juba, while prices of food and non-alcoholic beverages reportedly increased in Juba, Wau and Malakal by 32.5%, 12.6% and 1.5% respectively.

“The CPI increase was mainly driven by higher food prices,” partly reads a statement from the statistical body.

The increases in price of food and non-alcoholic beverages, the statement adds, was mainly driven by increases in fruits whose prices reportedly increase by 191.4%.

“The high increase was caused by reintroduction of seasonal products in the market,” it says.

Inflation in South Sudan, whose economy heavily relies on oil revenues, surged to nearly 80% in May this year, with analysts attributing the rise to fuel scarcity, shortage of hard currency and the north-south border closure.

South Sudan used to produce up to 350,000 barrels of oil per day, but a dispute over transit fees for its crude oil with Khartoum prompted the young nation shut down its oil production in January.

Oil revenues used to account for nearly 98% of South Sudan annual budget.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 24 December 2012 10:47, by hellonearth

    THIS IS GOING TO KILL ALL THE FAKE ARABS THAT ARE NOT HAVING GOOD INTENTIONS TOWARDS SOUTH SUDAN. THE PROMISED LAND, JALABY NORTHERN SUDANESE, KURNYEL AND LIKES
    ENJOY YOUR POOR COUNTRY THATS DISINTEGRATING.

    repondre message

    • 25 December 2012 19:47, by Northern Sudanese

      hellonearth
      loool you hilarious!!!
      which country has the worst health crisis in the world?
      which country has more than halve its people depending on food aid?
      which country has barely got electricity,roads,schools, hospitals ect....?
      which country has over 90% of its people in poverty?
      ect.....
      and you got the mentality to call sudan poor and south sudan rich? lol, you need urgent medical help!

      repondre message

    • 25 December 2012 19:51, by Northern Sudanese

      hellonearth
      what was the last great accomplished project in south sudan? did you even have any great project since 2011??? the answer is ’’NO’’ you haven’t improved anything in south sudan, only paved some small roads!
      Sudan has built the longest dam in the world, the largest sugar factory in the continent , the 2nd gold refinery in the continent, extra roads linking to Darfur ect....
      wbu?

      repondre message

  • 24 December 2012 16:17, by OurLand

    For your information: this means that unless you now earn 41% more than last year, you really have less to spend. Also if you have saved 100 pound today, it will be worth only 59 pound in one year

    repondre message

  • 25 December 2012 19:05, by Nguetbuny de Luelpiny

    1. Army food Factories
    2. Police food factories
    3. Private Food factories
    We have land, rains, river water for irrigation for all season. Inflation is cause due to laziness of ours people from the top GOSS officials to Army who officers. Army, Federal,Business food processor are needed to be created by Groups,individual business across ten states of south Sudan. inflation will be gone in south

    repondre message

  • 14 June 2013 13:38, by smithcurt

    What?s Taking place i am new to this, I stumbled upon this I have discovered It absolutely useful and it has aided me out loads. I am hoping to contribute & help different customers like its helped me. Great job.
    nursing degree

    repondre message

  • 14 June 2013 13:42, by smithcurt

    I’d ought to seek advice from you here. Which is not something I normally do! I love reading a article that will get people to think. Also, many thanks for allowing me to comment!
    nursing degrees

    repondre message

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Have the G-10 Broken up into G-6 and G-4? 2015-07-03 04:20:44 By David Lony Majak The so called G10 is now almost reducing to G-4; I know some genuine questions will be asked by mindfully readers, why G10 reduced to G4. The defection of Pagan Amum has (...)

ISIS- Daesh entering Sudan without a deterrent 2015-07-01 02:57:26 By Mahmoud A. Suleiman This article comes against the background of the Extremism, which has become epidemic growing and spreading like a cancer from the Levant region to the Middle Eastern (...)

IGAD, war, power sharing, and peace in South Sudan 2015-06-30 05:30:25 By B. Yongo Bure The latest IGAD peace proposal cannot bring long lasting peace to South Sudan. But we should not blame IGAD but ourselves. Where is our own “good” South Sudanese peace proposal? (...)


MORE






Latest Press Releases


Sudanese, human rights groups and advocates demand renewal of UNAMID 2015-06-25 06:03:32 FOR IMMEDIATE RELEASE CONTACT: New York: Ahmed H.Adam, Tel. +1 347 567 1491 or aha64@cornell.edu Kampala: Abdelrahman Gasim, Tel. +256 7 51 90 77 77 or gasim202000@gmail.com Geneva: Abdelbagi (...)

Civil society groups urge to stop hostilities in W. Bahr El Ghazal 2015-06-11 22:24:37 Urgent action for sustainable peace in Western Bahr El Ghazal State Civil Society Statement: June 10, 2015 Wau –Western Bahr El Ghazal State- The Republic of South Sudan We, civil society (...)

Two South Sudanese pastors face death penalty in Khartoum 2015-06-03 06:08:37 African Centre for Justice and Peace Studies Two South Sudanese Pastors face death penalty for voicing opposition to corruption scandal at Khartoum Bahri Church (2 June 2015) Two South Sudanese (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.