Home | News    Friday 8 August 2014

July’s inflation rate in Sudan increases to 46.8%


August 7, 2014 (KHARTOUM) – Sudan’s monthly inflation rate edged upwards in the month of July to 46.8% from 45.3% in June amid sharp increases in prices of goods and services.

JPEG - 41 kb
FILE - Men wait to buy meat at the market in Khartoum, Sudan (REUTERS/Mohamed Nureldin Abdallah)

Double-digit inflation has been one of the most visible features of the Sudanese economy in recent years which suffered a shock after the secession of South Sudan which contained three quarters of oil reserves.

To makes matters worse, the government phased out subsidies twice in 2012 and 2013 on petroleum and food products triggering demonstrations that were swiftly quelled.

The Sudanese pound lost more than half its value thus making imports more expensive. The East African nation imports most of its food from abroad.

The International Monetary Fund (IMF) said in a report last month that it expects inflation in 2014 to drop sharply to 18% from 41.9% in 2013.

The markets witnessed a wave of price increases over the past month and consumers complained of a steady rise in the prices of basic commodities in conjunction with the approach of the Muslim fasting month of Ramadan.


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.

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

Why the order establishing 28 states should be nullified 2015-10-04 10:29:29 By James Okuk On Friday 2nd October 2015 in Juba and quoting as usual Article 101 of Transitional Constitution of South Sudan (2011), President Salva Kiir Mayardit issued “Establishment Order (...)

Who to benefit from the Somaliazation of South Sudan? 2015-10-01 19:01:51 By Steve Paterno The question above is becoming more prevalent now more than ever, with the "imposition of peace agreement", (to borrow Riek Machar's phrase), along with President Salva Kiir's (...)

Lessons of Maridi fuel tanker “tragic incident” 2015-09-26 15:10:10 By Isaac Yak R. Tutdel The Republic of South Sudan, on 17th September 2015, learned with great dismay the massive loss of lives caused by fuel tanker which overturned and unexpectedly caught (...)


Latest Press Releases

Sudan Democracy First Group Statement on The International Day for Democracy 2015-10-01 22:18:58 22 September 2015 Sudan Democracy First Group (SDFG) commemorated on 15 September 2015 the International Day for Democracy, which the United Nations (UN) marks as a day to encourage governments (...)

Ambassador Buay congratulates South Sudanese diplomats for blocking sanctions 2015-09-19 00:20:30 SOUTH SUDAN DIPLOMATS IN MOSCOW SHOULD BE CONGRATULATED FOR PERSUADING THE FEDERATION OF RUSSIA TO BLOCK SANCTIONS For Immediate Release 9/18/2015 The people of South Sudan are extremely (...)

HRW urges African Union and United Nations to protect civilians in Darfur 2015-09-10 07:10:11 Sudan: Special Force Rampages in Darfur UN, AU Should Urgently Increase Civilian Protection (New York, September 9, 2015) – A Sudanese government special force has gone on two sprees of killings (...)


Copyright © 2003-2015 SudanTribune - All rights reserved.