Sudan's inflation drops to 366% in September - statistics agency

Core inflation, which strips out volatile items such as food, dropped to 515.46% in September from 541.06% in August

  
A man from South Sudan displays new currency notes outside the Central Bank of South Sudan in Juba July 18, 2011. Image used for illustrative purpose.

A man from South Sudan displays new currency notes outside the Central Bank of South Sudan in Juba July 18, 2011. Image used for illustrative purpose.

REUTERS/Benedicte Desrus

KHARTOUM - Sudan's inflation decreased in September, the country's statistics agency said on Thursday, falling to 365.82% from 387.56% a month prior.

According to government data, inflation rose in eight of Sudan's eighteen states, with Gadaref state once again recording the highest rate at 815.82%.

Core inflation, which strips out volatile items such as food, dropped to 515.46% in September from 541.06% in August.

Sudan is in the midst of a deep economic crisis, with low reserves often creating shortages of fuel, bread, and essential medicines.

(Reporting by Khalid Abdelaziz; Writing by Nadine Awadalla; Editing by Bernadette Baum) ((Nadine.Awadalla@thomsonreuters.com;))


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