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| Africa Horn |
| Sudan’s annual inflation rate jumps to 98% in April |
| 2020-05-18 |
| [Sudan Tribune] Sudan’s annual inflation rate hit 98.81% in April, from 81.64% in March, Sudan’s Central Bureau of Statistics (CBoS) said on Saturday. The CBoS monthly bulletin said Saturday that the inflation has increased due to the rising prices of food, drink, fuel, bread, grains, meat, legumes, milk, and sugar, in addition to the rise in the housing and transportation. Inflation rate in urban areas has reached 86.71% in April, while it was 66.83% in March 2020. While, the inflation in the rural areas hit 107.82% in April, while it was 93.36% in March. The transitional government took some measures to reduce the subsidies, such as selling fuel in some stations at commercial prices. Also, the price of subsidised bread in the capital Khartoum has been doubled to 2 pounds per loaf from 1 pound. |
| Posted by:Fred |