Sudan Inflation Slows in Feb to 258.40%

A man waits to buy food at a market in Khartoum. REUTERS/Mohamed Nureldin Abdallah
A man waits to buy food at a market in Khartoum. REUTERS/Mohamed Nureldin Abdallah
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Sudan Inflation Slows in Feb to 258.40%

A man waits to buy food at a market in Khartoum. REUTERS/Mohamed Nureldin Abdallah
A man waits to buy food at a market in Khartoum. REUTERS/Mohamed Nureldin Abdallah

Sudan’s annual inflation slowed to 258.40% in February, from 259.8% in January, the statistics bureau said on Tuesday.

The Central Bureau of Statistics attributed the continued rise in prices to the price surge witnessed in February 2021.

The bureau said in a press statement that the monthly inflation rate of the general index of consumer and service prices recorded 14.39% during February 2022, compared to an average of 2.06% in January 2022.

The transportation group recorded the highest contribution rate to the monthly inflation rate, amounting to 87.13%, due to the rise in fuel prices.

The food and beverage group came next at 4%, followed by the total of household fixtures and equipment and routine maintenance work at 3.07%, due to the rise in the prices of cement and other household maintenance equipment.

The rate pf housing, water, electricity, gas, and other types of fuel group recorded 1.84%, due to a rise in electricity tariff and gas prices, in addition to a group of various goods and services at 1.26%.



Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
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Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

Egypt has strategic wheat reserves that are sufficient for four months of local consumption, according to a statement by the Egyptian Cabinet issued on Saturday.

It said the strategic sugar reserves were sufficient for 13.5 months, while vegetable oil reserves were enough for 6.3 months.