DUBAI: The sky-high inflation rate of Sudan slowed to 387.56 percent in August, for the first time since the transitional government took power two years ago.
Costs for foodstuffs and imported goods dropped, according to the Central Bureau of Statistics, causing the inflation rate to go down from 422.8 percent in July.
This was largely due to Sudan’s stabilizing currency, after a devaluation earlier in the year, Alaalim Abdul Gani, head of the economic department of the statistics body said.
