Inflation in Sudan is declining to its lowest levels in about two years

Inflation in Sudan is declining to its lowest levels in about two years

The Statistics Agency in Sudan said in a statement on Sunday that the annual inflation in the country fell to 102. 6 percent in October from 107 percent in September.
Inflation in Sudan is still composed of three boxes, but consumer prices registered last October remain much better than the country in July 2021, when consumer prices recorded 422. 8 percent.

In February 2021, the government edited its national currency in part, and this led to the rise in the price of the dollar to more than 568 pounds currently compared to 55 pounds (the official price before the float).
The collapse of local currency exchange rates, and the scarcity of supplies of goods and foreign exchange led to a jump in the prices of goods and services in Sudan.

Sudan suffers from renewable crises in bread, flour, fuel and cooking gas, as a result of the high price of the dollar against the pound in parallel markets, in addition to political tensions..

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