Wednesday December 13, 2017

Inflation prone Juba tops other South Sudanese cities in the rise of cost of basic commodities

Bith Jonathan

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JUBA – The National Bureau of Statistics (SSNBS) have released a rising inflation numbers for basic goods around the Country, putting the capital city, Juba at all time high. 
 
Since the latest CPI (consumer price index) release in May by SSNBS this year, prices for basic goods in Juba have increased by 2.9% up to the month of June, according to the official figures released on Monday. Some other cities that made some gains are Malakal and Wau which have a decreased costs at 1.6% and 8.3% respectively. Overall, the inflation around the country stood at 74.1% which is a slight 1.7% increase since May. 
There is a slight fall in food prices and other commodities which SSNBS attributed  to the sharp fall of prices for fruits, vegetables, bread and cereals. 
South Sudan shut down its oil production early this year to protest the consfication of oil by the North Sudan their contracted oil companies. Oil is the only source of revenue since other sectors like agriculture are non existence. The price of goods have been shooting up since the shutdown and experts believed that, without immediate decision of resuming oil production the country may collapse in the year’s end. 
Talks are still going on between South and North Sudan in Bahr Dar (Ethiopia) to broker a means to resume oil production and to resolve post-referendum issues. 
 
The Upper Nile Times
 
Bith Jonathan

Bith Jonathan is an award-winning journalist and columnist. He holds a bachelor’s degree in mass media and journalism from the prestigious kenyan school of mass media.


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