Inflation Rate 2024 Kenya. Kenya’s annual inflation is expected to ease to 6.8 per cent in 2024 and the monetary policy rate to follow the trend, the rating firm fitch predicts in its african banks. Consumer price index cpi in kenya averaged 47.45 points from 1984 until 2024, reaching an all time high of 140.81 points in november of 2024 and a record low of 2.89 points in february of 1984.
After decelerating for four consecutive months, kenya’s inflation rate increased to 5.10% in may 2024. Normally considered as inflation rate, is defined as the percentage change in the monthly consumer price index (cpi).
