Sudan: Update on Consumer Price Index and Inflation rate during the first half of 2018

Published on 29 Jan 2019 - 2 pages
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Summary

The devaluation of the local currency and high inflation- along with the growing stress on macroeconomic discipline in recent months- continue to corrode the purchasing power of households and increase the cost of living in the country. Inflation in Sudan exhibited a significant jump during the month of January 2018 compared to its level during the preceding month of December 2017. Inflation reached 63.86 percent in June 2018, Food and drinks group is the main source of inflation. The Rural areas are expected to be affected by increasing inflation and economic deterioration more severely than Urban areas. At States level, the Red Sea State recorded the highest level among all States with 98.44 percent in May 2018.

Food and drinks inflation was highest in North Darfur, River Nile and Northern States during June 2018, it stood at 91.83 ,91.66 and 88.97 percent respectively.

 

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