Sudan’s October Inflation Rises to 45.3 Percent on Food Prices

Sudan’s inflation rate increased to 45.3 percent in October, the highest in a year, from 41.6 percent a month earlier after food prices increased, the Central Bureau of Statistics said.

The cost of food and drink, the biggest component in the consumer-price index, increased in 13 out of 17 states, the Khartoum-based agency said today in an e-mailed statement.

Finance Minister Ali Mahmoud Abdel Rasoul said in December last year that Sudan was targeting an inflation rate of less than 17 percent in 2012.

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

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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