Email
Print
Save
April 6, 2014 (KHARTOUM) – The Central Bureau of Statistics (CBoS) in Sudan reported that the inflation rate dropped in March to 35.7% from 37.0% in March.
- FILE - Men wait to buy meat at the market in Khartoum, Sudan (REUTERS/Mohamed Nureldin Abdallah)
Q1 2014 inflation rate dropped sharply to 37.0% compared to 46.1% in Q1 2013, CBoS said in its monthly bulletin.
The bulletin also reported that the general level of prices for high-weighted food and beverages component increased slightly to 382.3 points from 380.1 in the previous month. The overall price average of consumer goods and services increased by 1.1%.
On a monthly basis, there was also a decrease in meat prices (-1.5%); decline in prices of vegetables and pulses (-2.7%); drop in sugar prices (-1.1%); decrease in prices of coffee and tea (-1.4%).
Sudan imports most of its food from abroad which uses up a large chunk of its foreign exchange reserves. The continued decline in the value of the Sudanese pound relative to the US dollar contributed to a surge in prices of basic commodities in the last few years.
Last September, the government slashed subsidies on fuel and cooking gas and also devalued the currency which triggered violent protests across the country.
(ST)
Latest Comments & Analysis
How pursuit of good life dominates ethical conscience in Africa 2014-07-27 05:03:47 By Francis Ayul Yuar July 26, 2014 - Looking at the African Continent, my country in particular within this critical time of post independence political and ethnic’s violence, one’s mind wondered (...)
2015 elections are not a priority for Sudanese 2014-07-23 04:35:55 By Mahmoud A. Suleiman July 22, 2014 - This article comes against the backdrop of the news that reported the announcement of the National Elections Commission (NEC) that it had prepared the (...)
Bashir rests assured laden-burden on the Sudanese people’s shoulders 2014-07-14 06:09:16 By Mahmoud A. Suleiman July 13, 2014 - Omer al-Bashir believes that his continuing in power better protects him from tracking and prosecution by the International Criminal Court (ICC). He clings (...)
MORE