Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Sudanese Inflation Accelerates to 28.6% in April on Food

Don't Miss Out —
Follow us on:

May 7 (Bloomberg) -- Sudan’s inflation rate increased to 28.6 percent in April from 22.4 percent a month earlier, spurred by rising food prices, the Central Bureau of Statistics said.

Prices of food and drinks, the biggest component in the consumer price index, advanced 5.5 percent from the previous month, the Khartoum-based agency in an e-mailed statement today. Sugar, corn and red meat costs recorded increases of 12 percent, 9.1 percent and 6.6 percent, respectively, it said.

The highest inflation rate was recorded in the state of North Darfur, where the figure was 48.3 percent.

Sudan has targeted inflation of below 17 percent this year, while its budget deficit is forecast to narrow to 3 percent of gross domestic product from about 5 percent in 2011, Finance Minister Ali Mahmoud Abdel Rasoul said on Dec. 1.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.