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FINANCIAL NEWS
Sudan’s January inflation eases to 43. 6%
07 Feb 2013
(MENAFN) Official data showed that Sudan’s inflationary pressures eased to 43.6 percent in January, Xinhua News reported.
The Central Bureau of Statistics said that last month’s inflation level was lower than the 44.4 percent recorded in December.
Sudan has been suffering from an economic crisis after losing most of its oil revenues following a separation with South Sudan in 2011.
Sudan was left with only 120,000 barrels per day (bpd) of crude output since the breakup with the South after it was 500,000 per day.
That figure grew to 136,000 barrels later after Sudanese President Omar al-Bashir inaugurated Um Hadeed oil well in the East Darfur State, and Al-Najma oil well was launched in the same month in the South Kordofan State in December.
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