Sudan annual inflation jumps to 212% in September

FILE PHOTO: Mazeen, (R), 12, collects clay in an area known as the ‘Potters Village’ in Alqamayir, Omdurman, Sudan, February 16, 2020. REUTERS/Zohra Bensemra

KHARTOUM (Reuters) – Sudan’s annual inflation accelerated to 212.29% in September from 166.83% in August, driven by food and transport prices, the state statistics office said on Tuesday.

Inflation in the country has been rising over the past few years, driven by food, beverages, fuel and a black market for U.S. dollars, and was a factor in driving out autocrat Omar al-Bashir last year.

Since his ousting, the economy has worsened as a weak transitional government has struggled to start economic reforms and proved unable to halt a fall in the Sudanese pound on the black market.

Last month, Sudan declared last month an economic state of emergency after the currency fell sharply, setting up special courts to prosecute what officials called a “systematic operation” to vandalise the economy.

But political analysts are sceptical about the impact of the government’s action as Bashir’s regime was unsuccessful in trying to clamp down on the black market.

Reporting by Khaled Abelaziz; Writing by Ulf Laessing. Editing by Jane Merriman

source: reuters.com