Sudan’s inflation rate drops to 19, 8% in May

05:03 PM Jun, 07 2015
Sudanese Online
SudaneseOnline News-Khartoum Sudan
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Sudan’s inflation rate dropped to 19, 8% in month of May compared to 24, 3% in last April, according Sudan’s Central Bureau of Statistics (CBoS)
In press release issued on Saturday, CBoS said that the average index has increased by 5, 9 points in May, pointing the price index in urban areas reached 465, 9 points compared to 459, 3 points in April, indicating that
inflation rate in rural areas has dropped to 17, 7% in May compared to 20% in April, saying the tobacco group has registered 3% increase in price which is the highest increase amongst the various groups.
The press release added that price index of the food and beverages has reached 481,3 points compared to 468,7 points in April while the annual rate of price change in urban areas has decreased to 22% compared to 22,3% last year.
The CBoS added that the food and beverages group has registered the second highest increase in prices followed by the transportation group and the restaurants and hotels group, pointing the rest of the groups has seen slight price increase.
The 2015 budget has a target inflation rate of 25% which is close to the International Monetary Fund (IMF) projections of 21%.

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