site map | email us      Sudan shuts down local TEDx conference           |              Former IMF chief Strauss-Kahn in South Sudan to open bank           |              Slim in Sudan: Female fleshiness loses its allure           |              South Sudan Confirms Yau Yau Rebels Seized Town           |              South Sudan rebels overrun town           |           

Gienakie
AbdelGadir Salim

Weather on Your Site

 

     
THE WIRE
News Press Commentary
     
Sudan inflation eases to 44.4pc in Dec, first fall in a year



Annual inflation had been on the rise since January 2012 as the pound's slide accelerated.
Sudan inflation eases to 44.4pc in Dec, first fall in a year
REUTERS -  January 10
KHARTOUM: Sudan's annual inflation rate eased to 44.4 percent in December from 46.5 percent in November, state news agency SUNA said on Wednesday, the first fall in a year.
 
Prices have soared in the African country since South Sudan seceded in July 2011, taking with it three-quarters of the country's oil output.
 
Oil exports had been the main source for the public spending and foreign currency, which Sudan needs to support the Sudanese pound and pay for food and other imports.

 

 
Month-on-month inflation rose by 1.6 percent, SUNA said, citing official data. The cost of food and beverages, the biggest component in the index, rose by 2 percent in December compared to November, it said.
 
SUNA did not explain the anomaly the two rates.
 
Annual inflation had been on the rise since January 2012 as the pound's slide accelerated.
 
Sudan cut back fuel subsidies and took other austerity measures in June to try to plug a budget deficit. The move led to a series of small anti-government demonstrations, but they mostly petered out after a security crackdown.
 

Add Talk Back
 

 
Doe the death of JEM rebel Leader, Khalil Ibrahim means the death of JEM?
Not Sure
No
Yes
   View Poll Result


Latest SDB Posts
------------------------
 Enter Forum