The Sudanese Statistics Authority revealed that annual inflation accelerated to 212.29 percent during the month of September, compared to 166.83 percent during August, driven by the increase in food and transportation prices.
This development comes as inflation has been on the rise in Sudan for a few years, led by the prices of food, beverages, fuel and the black market for the US dollar. The agency attributed the reasons for the increase to the rise in the prices of some sub-commodities of the food and beverage group, such as bread, grains, milk, eggs, oils, fats, legumes, vegetables and sugar, in addition to the high prices of the transport and health groups.
The inflation rate for urban areas for the month of September reached 176.29 percent compared to 151.20 percent during the month of August, while the inflation rate for rural areas jumped in September to 241.09 percent compared to 178.67 percent in last August.
At the same time, the Sudanese pound continued its collapse against foreign currencies, especially the dollar, whose price in the parallel market reached 265 pounds. The increase came amid news of the government's intention to issue a decision to liberalize fuel and gasoline prices, and to stop government support for them as part of the subsidy rationalization policy to reduce government spending.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
