Monday December 11, 2017

National Bureau of Statistics put inflation at 61.5%

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JUBA – The South Sudan’s national bureau of statistics (NBS), formerly known as the Southern Sudan Centre for Census, Statistics and Evaluation (SSCCSE) has put the inflation rate for the month of September at 61.5%; a sharp rise from their August report which stood at 57.1%.
 
According to the press release by NBS, the sharp rise in inflation was caused by the soaring food prices, commodity and other household goods.
The report indicated that a climb in the inflation rate is still eminent given that the landlocked South Sudan depends on imports from other neighbouring countries whom have huge restrictions on their available exports.
 
NBS however claimed that the four new consumption groups in the consumer price index namely the clothing and footwear, health equipments, communication and education will all but have their annual change in rates come June 2012.
 
The NBS report also indicated a sharp increase in price in public transportation sector, which currently increases by 8.2% compared to the August report, An increase they blamed on the increasing petrol costs and public transport usability.
 
South Sudan heavily on its neighbours (particularly North Sudan) to feed its 8+ million population. The world’s newest nation risks food shortages and famine as the Agricultural activities are currently impossible due tribal violences, militia presence and heavy rainfalls. A recent UN report indicated that unless appropriate measures are put in place, the general population risks increasing starvation which will culminate deeply next year.
 
The Upper Nile Times
Philip Gual

An Upper Nile State correspondent for The Upper Nile Times. He currently resides in Malakal, Upper Nile State.


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