Core consumer prices in Paraguay increased 1.80 percent in May of 2020 over the same month in the previous year.
Core Inflation Rate in Paraguay averaged 7.09 percent from 1993 until 2020, reaching an all time high of 21.79 percent in March of 1994 and a record low of 0.68 percent in November of 2004. This page provides the latest reported value for - Paraguay Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Paraguay Core Inflation Rate - values, historical data and charts - was last updated on July of 2020.
Core Inflation Rate in Paraguay is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Paraguay to stand at 2.70 in 12 months time. In the long-term, the Paraguay Core Inflation Rate is projected to trend around 3.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.