Sudan . the inflation rate exceeds 359% at one level record

The Sudanese Statistical Authority said today, Sunday, that the inflation rate reached 359.09% in 2021, up from 163.26% in 2020.

The agency added in a statement that inflation slowed to 318.21% yoy in December, up from 339.58% the previous month.

Core inflation, which excludes highly volatile items such as food, rose to 443.48% in December from 428.34% in November.

The Central Bureau of Statistics in Sudan had announced in previously that the country’s inflation rate had dropped to 351% in October 2021 from 366% in September.

At the beginning of questThere have been recurring increases in fuel prices during the year, with Sudan finalizing a process of phasing out fuel subsidies, which now aims to implement global prices.

Gasoline prices last November 18 in Sudan rose by 42 Sudanese pounds to 362 pounds per liter, while diesel prices also increased by the same 42 pounds, reaching 347 pounds.

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