KHARTOUM, June 12 Sudan's annual rate of
inflation rose to 35.52 percent in May from 34.81 percent in
April, as food and energy prices continued to rise following
subsidy cuts implemented in November, the Central Statistics
Office said on Monday.
Sudan's economy has deteriorated since the south seceded in
2011, taking with it three-quarters of the country's oil output,
its main source of foreign currency and government income.
With revenue drying up, the government announced cuts to
fuel and electricity subsidies in early November. That saw
petrol prices rise by about 30 percent, which led to a broader
A dollar shortage and a ballooning black market for hard
currency have also made foreign-made goods more expensive in a
heavily import-dependant country.
(Reporting by Khalid Abdelaziz; Writing by Arwa Gaballa Editing
by Jeremy Gaunt)