29/07/2024

Terrifying Rise in Commodity Prices in Sudan with Inflation Jumping to 136.67%

Moatinoon
Citizens have described the rise in food commodity prices in the markets as terrifying. Meanwhile, the Central Bureau of Statistics in Sudan announced today that the inflation rate in the country has jumped to 136.67% in the first half of this year.

The South Belt Emergency Room stated that the suffering of citizens in the area has reached an unbearable level due to the daily escalating prices of food commodities in the markets.

The room issued an urgent appeal to humanitarian organizations, philanthropists, and those interested in voluntary work to support the South Belt kitchens, which thousands of citizens rely on after they went out of service due to financial deficits and rising food prices.

At the same time, the Umbada Emergency Room in Omdurman announced that 45 out of 50 kitchens have stopped operating due to a lack of financial support.

In March, the United Nations World Food Program (WFP) had predicted a continued rise in the prices of goods and services in Sudan to exceed 500%. The program stated in a report published at the time that "since February 2023, inflation rates have not been reported. However, the prices of goods and services are expected to remain above 500%."

This was confirmed by the Central Bureau of Statistics, which said that the last time the annual inflation rate was published was in February 2023 when it was 63.3%.

The price increases have also affected the Darfur states in the far west, especially the prices of food grains that the local population relies on. Signs of a failed agricultural season signal further suffering among citizens, with rising transportation costs from production areas to consumption areas.

International organizations have warned of an impending famine in Sudan and the impact of the ongoing war on the productive and service sectors that have ceased after the expansion of the war. The soaring prices of goods have sparked significant fears of a growing hunger crisis threatening more than 25 million of the countrys population, according to United Nations reports.

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