General Prices Of Goods And Services In South Sudan Rise 835.7%

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
Published
South Sudan's inflation raced to a whopping 835.7 percent in the year to October from 682.1 percent in September. The rate has been driven by rising prices of food and non-alcoholic drinks as the economy of the five-year-old nation continues to reel from conflict. The prices soared an alarming 1,002.2 percent during the period. Inflation had stood at 95.7 percent in the year to October 2015. Oil-producing South Sudan secured independence from Sudan in 2011 but in December 2013 slid into civil war after a dispute between President Salva Kiir and his former deputy Riek Machar. A peace deal signed in 2015 has failed to stick and sporadic fighting between rival soldiers has continued, leaving many of the nation's 11 million people struggling to find enough to eat.
Category
South Sudan
Show more
Be the first to comment