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.

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Paraguay Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-03 05:30 PM Jul 11.1% 11.5% 10.3%
2022-09-02 06:30 PM Aug 10.5% 11.1% 9.4%
2022-10-04 07:00 PM Sep 10.5% 9.3%


Related Last Previous Unit Reference
Inflation Rate 10.50 11.10 percent Aug 2022
Core Consumer Prices 121.60 120.70 points Aug 2022
Core Inflation Rate 8.30 8.30 percent Jul 2022
Food Inflation 16.10 16.70 percent Aug 2022
CPI Transportation 147.00 149.10 points Aug 2022
CPI Housing Utilities 113.90 113.70 points Aug 2022
Producer Prices 156.40 155.90 points Aug 2022
Inflation Rate MoM 0.40 0.70 percent Aug 2022
Consumer Price Index CPI 124.10 123.60 points Aug 2022
Producer Prices Change 12.97 15.95 percent Jul 2022
GDP Deflator 51339086.04 54488545.88 points Jun 2022

Paraguay Inflation Rate
In Paraguay, the main components of the consumer price index are: Food (32 percent of the total weight); Transports (14.8 percent) and Shelter, Household Maintenance and Services (8.9 percent). Furniture and Household Equipment account for 7.7 percent; Miscellaneous Goods and Services for 7.3 percent and Leisure and Culture for 6.1 percent. Others include: Restaurants and Hotels (5.5 percent); Clothing (4.9 percent); Health Care (4.1 percent); Education (4 percent); Communications (3.4 percent) and Alcoholic Beverages and Tobacco (1.2 percent). The national index has a base of 100 as of December 2007. The CPI reflects the prices and spending patterns registered in the metropolitan area of Asunción, which includes: Asunción, Luque, Fernando de la Mora, Lambaré, San Lorenzo and Capiatá, and which accounts for 43.5 percent of the urban population of the country.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 11.10 13.40 0.50 2005 - 2022 percent Monthly
2007M12=100, NSA

News Stream
Paraguay August Inflation Rate at 5-Month Low
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.
2022-09-02
Paraguay Inflation Rate Softens in July
The annual inflation rate in Paraguay eased slightly to 11.1 percent in July of 2022 from 11.5 percent in the previous month. Prices slowed for food & non-alcoholic beverages (22.3 percent vs 24.8 percent in June); transport (20.9 percent vs 22 percent) and housing & utilities (4.3 percent vs 4.9 percent). Meanwhile, costs advanced faster for restaurants & hotels (11.9 percent vs 10.9 percent); alcoholic beverages & tobacco (5.1 percent vs 4.2 percent) and clothing & footwear (4.3 percent vs 4 percent). On a monthly basis, consumer prices were up 0.7 percent, after increasing 0.5 percent in the previous month.
2022-08-03
Paraguay Inflation Rate Edges Higher
The annual inflation rate in Paraguay inched up to 11.5 percent in June of 2022 from 11.4 percent in the previous month. Prices rose faster for food & non-alcoholic beverages (18.6 percent vs. 18.4 percent in May), clothing & footwear (4.0 percent vs 3.5 percent), furniture & furnishings (5.4 percent vs 5.0 percent), and alcoholic beverages & tobacco (4.2 percent vs 3.8 percent). Inflationary pressures remained little changed, although elevated, for transports (22.0 percent vs. 22.1 percent), and to a smaller extent, housing & utilities (4.9 percent, the same as in May) and miscellaneous goods & services (5.8 percent, unchanged from May). On a monthly basis, consumer prices went up 0.5 percent, quickening from a 0.2 percent gain in the prior month.
2022-07-05