Final hours! Save up to 50% OFF InvestingProCLAIM SALE

Sudan inflation eases to 12.8 percent in November

Published 2015-12-13, 06:08 a/m
© Reuters.  Sudan inflation eases to 12.8 percent in November

KHARTOUM, Dec 13 (Reuters) - Sudan's annual inflation rate
eased to 12.8 percent in November from a revised 13.37 percent
in October, a monthly report from Sudan's Central Statistics
Office said on Sunday.
Prices soared in Sudan after South Sudan seceded in 2011,
taking with it three-quarters of the country's oil output, the
main source of foreign currency used to support the Sudanese
pound and to pay for food and other imports.
Cuts in fuel subsidies introduced in 2013 also pushed up
inflation, but these effects have since begun to ease.
As an oil importer, Sudan has benefited from the fall in
global oil prices since last year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.