Inflation Rates
Comprehensive data and analysis on South Sudan's inflation trends, consumer price index, and price movements across different sectors of the economy.
Key Inflation Indicators
Overall Inflation Rate
5.7%
Individuals Covered
$2.1B
Core Inflation
4.3%
Monthly Inflation
2.5%
Inflation Trends
Annual Inflation Rate (2019-2024)
Monthly Inflation Rate (Last 12 Months)
Detailed Inflation Analysis
CPI Basket Composition
Inflation by Category (March 2024)
| Category | Weight | Inflation Rate | Contribution |
|---|---|---|---|
| Food & Non-Alcoholic Beverages | 58.2 | 7.2% | 4.19% |
| Housing & Utilities | 90 | 9.5 | 5.12% |
Key Observations
Food inflation remains the primary driver of overall inflation, contributing 4.19 percentage points to the total 5.7% inflation rate. Transport costs have also increased significantly due to rising fuel prices.
Food Price Monitor
Key Food Commodity Prices (March 2024)
| Commodity | Unit | Price (SSP) | Monthly Change | Annual Change | Price Level |
|---|---|---|---|---|---|
| Sorghum | kg | 456 | 786 | 745 | 876 |
Food Security Implications
Rising food prices, particularly for staples like sorghum and maize, are affecting household food security. The price of beans has increased by 25.4% year-on-year, significantly impacting protein availability for vulnerable populations.
Price Drivers
Food price increases are driven by seasonal factors, transport costs, exchange rate depreciation, and localized supply disruptions. Imported items like vegetable oil and sugar are particularly affected by currency weakness.
Inflation Outlook
Inflation Forecast (2024-2025)
Risks to Inflation Outlook
Upside Risks
- • Further depreciation of the South Sudanese Pound
- • Rising global food and fuel prices
- • Adverse weather affecting agricultural production
- • Fiscal pressures leading to monetary financing
Downside Risks
- • Improved agricultural harvests
- • Stabilization of the exchange rate
- • Tighter monetary policy by Bank of South Sudan
- • Fiscal consolidation reducing demand pressures
Policy Implications
The inflation outlook suggests a gradual moderation to around 4.5% by end-2025, contingent on stable macroeconomic conditions and normal agricultural production. Monetary policy should remain vigilant to anchor inflation expectations while supporting economic recovery.
Related Resources
CPI Bulletin March 2024
Detailed analysis of consumer price developments and inflation trends.
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Interactive inflation data visualization and analysis platform.
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