Sudan inflation soars to 99% as food prices rise

Agence France-Presse
Higher prices of grains, meat, milk, and bread cause Sudan's inflation rate to shoot up to 99% in April 2020

SOARING PRICES. Residents of the Sudanese capital Khartoum queue in front of a bakery on April 9, 2020. Photo by Ashraf Shazly/AFP

KHARTOUM, Sudan – Inflation in Sudan jumped to 99% because of rising food prices, official figures showed Saturday, May 16, more than a year after the country was rocked by protests sparked by bread price hikes.

The inflation rate in April shot up from 82% in March due to increased prices of grains, meat, milk, and bread, according to the Sudanese Central Bureau of Statistics.

Despite Sudan’s political transition, which has raised hopes of more reforms, the economy remains in deep crisis.

Soaring inflation, a scarcity of foreign currency, and a huge public debt are among the country’s most pressing challenges.

Many in Sudan still have to queue for hours to buy bread.

A tripling of the price of bread was the trigger for the first street protests against longtime autocrat Omar al-Bashir in December 2018.

The mass demonstrations went on for months before the army deposed Bashir on April 11, 2019.

Last month, Sudanese authorities announced an increase in bread prices, meaning one Sudanese pound (about two US cents) now buys only a 50-gram loaf of bread, compared to one weighing 70 grams previously. – Rappler.com