Current Inflation Rate 2024 South African Economy. South africans should prepare themselves for a bumpy ride in 2024, despite increasing evidence of easing inflation — and in turn possible lower interest rates — as the. Inflation has continued to fall, supporting real incomes, but.

Kenya surprises with big interest rate cut to prop economy policy benchmark lowered to 11.25% from 12%, median est. While headline inflation cooled down to 5.3% year on year in march 2024, it has continued to trend between 5% and 6% since september 2023, proving to be sticky, stubbornly high, and increasingly driven by services inflation as well as.