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Highlights
In July 2024, the average retail prices of several key commodities saw significant increases:
• Sorghum: The price rose to SDG 1,236 per kilogram, marking a 23% increase from the previous month and a substantial 225% surge from July 2023.
• Wheat Flour: The price increased to SDG 2,774 per kilogram, reflecting a sharp rise of 42% from the prior month and a 252% surge from the same period last year.
• Goat: The national average price for a goat climbed to SDG 109,175 per head, indicating a 15% increase from the previous month and a 211% rise from July 2023.
• Groundnuts: The average price reached SDG 52,991 per kantar, showing a 14% increase from the previous month and a remarkable 139% hike from one year ago.
• WFP Local Food Basket: The cost of a single unit increased to SDG 1,614, reflecting a 28% rise from the preceding month and a 169% increase from July 2023.
Additionally, the average foreign exchange rate in the parallel market depreciated further by 23%, dropping to around 2,260 SDG/USD. This represents a 304% fall compared to July 2023, highlighting the continued decline in the value of the Sudanese pound.