Core consumer prices in Paraguay increased 3.10 percent in December of 2019 over the same month in the previous year. Core Inflation Rate in Paraguay averaged 7.15 percent from 1993 until 2019, 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.
Core Inflation Rate in Paraguay is expected to be 3.20 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 3.90 in 12 months time. In the long-term, the Paraguay Core Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.