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


A brief history one man’s destructive misrepresentations 2015-04-18 08:07:54 By Eric Reeves Al Jazeera America is currently airing a two-part documentary that attempts to represent the character and causes of the catastrophe that has overtaken South Sudan following the (...)

Sudan’s election marred by arbitrary detention, and insecurity 2015-04-18 06:31:10 By African Centre for Justice and Peace Studies Sudan’s national general elections began on 13 April 2015. Scheduled to end on 15 April, they were extended one day by the National Elections (...)

President Bashir’s elections: victory by default 2015-04-16 21:24:18 By Magdi El Gizouli Two days before the start of polling in Sudan’s ongoing elections on 13 April a quarter-page insert in the Khartoum newspaper al-Intibaha congratulated the former finance (...)


MORE






Latest Press Releases


Sudanese security arrest rights defender Adil Bakheit 2015-04-18 08:04:21 FRONT-LINE DEFENDRSPress StatementSudan Human rights defender Adil Bakheit arrested Human rights defender Mr Adil Bakheit was arrested on 16 April 2015 by the National Intelligence and Security (...)

Which do you choose? Peace or War? 2015-04-18 06:16:42 To the South Sudanese Diaspora Which do you choose? Peace or War? Coalition of Advocates for South Sudan, April 11, 2015 “The Voice of the South Sudanese Diaspora” Who are/What is the South (...)

Seventy-six organizations call for publication of AU Inquiry Report as deadline for peace passes 2015-03-07 05:04:51 6 March 2015: FOR Immediate Release SOUTH SUDAN: The African Union (AU) Peace and Security Council (PSC) should immediately consider, publish and disseminate the final report of the Commission (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.