
South Sudan inflation hikes to 835.7 pct in year to October
South Sudan’s inflation rate hiked up to 835.7 percent in year to October from 682.1 percent in September, driven up by rising food and non-alcoholic drinks prices as the economy of the five-year-old nation continues to reel from conflict.
Prices for food and non-alcoholic drinks soared 1,002.2 percent in the period, the National Bureau of Statistics said in a statement. Inflation had stood at 95.7 percent in the year to October 2015.
South Sudan seceded from Sudan in 2011 but descended into civil was in December 2013 after President Salva Kiir accused his then deputy Reirk Machar of plotting to topple his government.
Machar denied the allegations but went on to mobilize a rebel force to fight the government.
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 struggling to find enough to eat.