Sudan’s inflation eases to 13.37 pct in October

Sudan’s annual inflation rate eased to 13.37 percent in October from a revised 13.56 percent in September, a monthly report from Sudan’s Central Statistics Office said on Sunday.

Prices soared in Sudan after South Sudan seceded in 2011, taking with it three-quarters of the country’s oil output, the main source of foreign currency used to support the Sudanese pound and to pay for food and other imports.

Cuts in fuel subsidies introduced in 2013 also pushed up inflation, but these effects have since begun to ease. As an oil importer, Sudan benefited from the fall in global oil prices since last year.

Last month the Central Statistics Office said inflation for September rose to 13.1 percent from 11.3 percent in August.