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 outlook 2024. Kenya targets an inflation rate of between 2.5% and 7.5% in the medium term.

While inflation has declined, the exchange rate stabilized, and the fiscal position improved, fundamental economic imbalances continue to make kenya vulnerable to shocks. Inflation rate mom measures month over month change in the price of goods and services.