Sudan’s inflation rate, a key factor behind anti-government protests, fell sharply to 43 percent in January from almost 73 percent the previous month, official figures showed Monday.
Soaring inflation along with acute foreign currency shortages have triggered deadly protests since December 19 across the east African country.
“The rate of inflation came down to 43.45 percent in January, compared to 72.98 in December,” Sudan’s Central Statistics Agency said in a statement.
“Inflation fell because the price of food items fell.”
For more than a year, Sudan’s inflation had steadily increased as food prices rose following subsidy cuts announced by the government.
Food prices, especially of bread, tripled in December after the government cut a vital subsidy.
Sudan’s economic woes have long been the cause of popular frustration before anger spilt out onto the streets from December after bread price rises.
The government’s decision to triple the price of bread prompted widespread rallies against President Omar al-Bashir’s three-decade-old rule, with demonstrators calling for his resignation.
Officials say 30 people have died in protest-related violence, while Human Rights Watch says at least 51 people have been killed.
Copyright: News Central TV
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.