The annual inflation rate in Paraguay eased for the second straight month to 10.5 percent in August of 2022, from 11.1 percent in the previous month. It was the lowest reading since March, mainly due to slowing prices of transport (18.5 percent vs 20.9 percent in July), food & non-alcoholic beverages (16.1 percent vs 16.7 percent) and housing & utilities (4 percent vs 4.3 percent). On a monthly basis, consumer prices went up 0.4 percent, following a 0.7 percent rise in the previous month. source: Banco Central del Paraguay
Inflation Rate in Paraguay averaged 5.25 percent from 2005 until 2022, reaching an all time high of 13.40 percent in June of 2008 and a record low of 0.50 percent in June of 2020. This page provides - Paraguay Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Inflation Rate in Paraguay is expected to be 9.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Inflation Rate is projected to trend around 2.00 percent in 2023, according to our econometric models.