Sudan’s Inflation Rate Climbed to 19.3% in January on Food
February 07, 2012, 6:26 AM ESTBy Salma El Wardany
(Updates with inflation target in fourth paragraph.)
Feb. 7 (Bloomberg) -- Sudan’s inflation rate climbed to 19.3 percent in January as food prices increased, the Central Bureau of Statistics said.
Inflation accelerated from 18.9 percent in December, the Khartoum-based agency said in an e-mailed statement today. Food prices jumped 4.1 percent in the month as fruit costs advanced 9.3 percent, legumes climbed 6.9 percent and grains rose 5.2 percent, it said.
Sudan’s is targeting inflation at 18 percent this year, Finance Minister Ali Mahmoud Abdel Rasoul said on Dec. 1.
--Editors: Paul Richardson, Karl Maier.
To contact the reporter on this story: Salma El Wardany in Khartoum via Nairobi at pmrichardson@bloomberg.net.
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net.
