Sudanese Inflation Accelerates to 41.6% in July, Bureau Says

Sudanese inflation accelerated to 41.6 percent in July from 37.2 percent in June, the Central Bureau of Statistics said.

The cost of food and drinks, the biggest component in the consumer price index, rose 6.5 percent in the month as beans, and red meat costs increased by as much as 11.6 percent, the Khartoum-based agency said in an e-mailed statement today.

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 Cairo at selwardany@bloomberg.net

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

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