Bloomberg News

Sudan Inflation Accelerates to 30.4% in May on Food Prices

June 06, 2012

Sudanese inflation accelerated to 30.4 percent in May as food prices increased, the Central Bureau of Statistics said.

The inflation rate climbed from 28.6 percent in the previous month, the Khartoum-based agency said in an e-mailed statement today. Prices rose 3.9 percent in the month, it said.

The cost of food and drinks, the biggest component in the consumer price index, rose 5.5 percent in the month as sugar, corn and red meat costs increased as much as 12 percent, the agency said.

Sudan is targeting an inflation rate of below 17 percent this year, Finance Minister Ali Mahmoud Abdel Rasoul said in December.

To contact the reporter on this story: Salma El Wardany in Khartoum at selwardany@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


Steve Ballmer, Power Forward
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus