Sudan’s inflation figures soar, sadly

January this year saw Sudan’s annual inflation rate reach 64.3% – a jump from 57.1% in December 2020; due to rising food prices.

Inflation soared in recent years, driven by food, beverages and a black market for the US dollars.

This means that the country’s transitional authorities face a big task of repairing a broken economy, smashed by three decades of mismanagement under the former president.

Sudan’s economy was hit hard when the south of the country seceded in 2011, costing it three-quarters of its oil output – a crucial source of foreign currency.

Africanews.

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