Sudan’s annual inflation rate rises to 98.81% in April – stats agency

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KHARTOUM (Reuters) – Sudan’s annual inflation rate rose to 98.81% in April, up from 81.64% in March, due to rising prices of food, drink and fuel, the state Central Bureau of Statistics said on Saturday.

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Inflation in the country has risen in recent years, driven by food, beverages and a black market for U.S. dollars. On Thursday, the finance minister laid out a system of money transfers to the poor in a step towards removing costly fuel subsidies to combat an economic crisis.

Reporting by Khalid Abdelaziz; Writing by Mahmoud Mourad; Editing by Pravin Char

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