Sudan's inflation rate jumps to 25.15 pct in Dec. 2017

KHARTOUM, Jan. 11 (Xinhua) -- Sudan's monthly inflation rate jumped to 25.15 percent in December last year, Sudan's Central Bureau of Statistics announced Thursday.

"The inflation rate in December reached 25.15 percent compared with 24.76 percent in November," said the bureau in its monthly report.

Late last December, Sudan approved the general budget for 2018.

The budget tends to achieve a growth rate of 4 percent and reduce the inflation rate to 19.5 percent.

The budget also includes measures to reduce government expenditure.

The Sudanese economy has been suffering from difficulties as a result of the secession of South Sudan, which caused the country to lose three quarters of its oil wealth.

The U.S. decision on Oct. 6, 2017 to lift the economic sanctions on Sudan has not changed the reality of the deteriorating Sudanese economy or reduced the exchange price of the national currency. Enditem