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South Sudan’s inflation hiked by more than double in July, to reach an annual rate of 661.3 percent, its statistics office revealed on Monday.
The economy of the world’s youngest nation continued to struggle amid fresh eruption of violence in the capital.
The National Bureau of Statistics said in a statement that the country’s inflation jumped from 309.6 percent in June, due to rising food and non-alcoholic drinks prices. Prices rose 77.7 percent month-on-month in July.
South Sudan seceded from Sudan in 2011 but descended into war in December 2013 after President Salva Kiir accused his then deputy Riek Machar of plotting to overthrow his government. Machar denied the allegations but went on to mobilize a rebel force to fight the government.
