The annual inflation rate in Paraguay rose to 1.7 percent in October 2020 from 1.6 percent in the previous month. It was the highest inflation rate in six months, as prices increased further for food & non-alcoholic beverages (2 percent vs 1.4 percent in September); furnishings & household equipment (1.7 percent vs 1.3 percent); health (3.8 percent vs 3.7 percent); recreation & culture (4.4 percent vs 3.9 percent); and communication (1.1 percent vs 0.7 percent). Meanwhile, cost slowed for transport (0.1 percent vs 0.5 percent); and restaurants & hotels (0.9 percent vs 1.2 percent). Also, inflation was steady for housing & utilities (at 1.3 percent); clothing & footwear (at 0.8 percent); education (at 4 percent); and miscellaneous goods & services (at 2.1 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 0.3 percent gain in the prior month. source: Banco Central del Paraguay

Inflation Rate in Paraguay averaged 5.12 percent from 2005 until 2020, 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 November of 2020.

Inflation Rate in Paraguay is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Paraguay to stand at 2.10 in 12 months time. In the long-term, the Paraguay Inflation Rate is projected to trend around 2.50 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Paraguay Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.60 13.40 0.50 2005 - 2020 percent Monthly
2007M12=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-03 06:00 PM Jul 1.1% 0.5% 0.4%
2020-09-02 04:45 PM Aug 1.6% 1.1% 0.9%
2020-10-02 07:00 PM Sep 1.6% 1.6% 1.4%
2020-11-03 04:30 PM Oct 1.7% 1.6% 1.7%
2020-12-02 05:30 PM Nov 1.7% 1.6%
2020-12-30 05:30 PM Dec 1.5%
2021-02-03 04:30 PM Jan
2021-03-03 05:00 PM Feb


News Stream
Paraguay Inflation Rate Rises to 6-Month High in October
The annual inflation rate in Paraguay rose to 1.7 percent in October 2020 from 1.6 percent in the previous month. It was the highest inflation rate in six months, as prices increased further for food & non-alcoholic beverages (2 percent vs 1.4 percent in September); furnishings & household equipment (1.7 percent vs 1.3 percent); health (3.8 percent vs 3.7 percent); recreation & culture (4.4 percent vs 3.9 percent); and communication (1.1 percent vs 0.7 percent). Meanwhile, cost slowed for transport (0.1 percent vs 0.5 percent); and restaurants & hotels (0.9 percent vs 1.2 percent). Also, inflation was steady for housing & utilities (at 1.3 percent); clothing & footwear (at 0.8 percent); education (at 4 percent); and miscellaneous goods & services (at 2.1 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 0.3 percent gain in the prior month.
2020-11-03
Paraguay Inflation Rate Steady at 1.6%
The annual inflation rate in Paraguay remained unchanged at 1.6 percent in September of 2020 compared to August. It was still the highest rate since April, as food prices rose further (1.4 percent vs 0.8 percent in August), nudged by an 11.5 percent jump in prices of eggs, whereas prices of cheese dropped 8.7 percent. Among goods, prices of cars jumped 14.1 percent, whereas prices of gasolines declined 11.2 percent. On a monthly basis, consumer prices went up by 0.3 percent after rising 0.5 percent in the prior month.
2020-10-02
Paraguay August Inflation Rate Hits 4-Month High
The annual inflation rate in Paraguay rose to 1.6 percent in August of 2020 from 1.1 percent in the prior month. It was the highest rate since April, as food prices rebounded (0.8 percent vs -0.9 percent in July). In addition, costs advanced faster for transport (1.2 percent vs 0.3 percent) and recreation & culture (4.1 percent vs 4 percent). Meantime, inflation was steady for housing & utilities (at 1.3 percent) and miscellaneous goods & services (at 2.3 percent). On a monthly basis, consumer prices went up 0.5 percent, the same pace as in the prior month.
2020-09-02
Paraguay Inflation Rate at 3-Month High
The annual inflation rate in Paraguay increased to 1.1 percent in July of 2020 from 0.5 percent in the previous month. It was the highest inflation since April, as transport cost rebounded (0.3 percent vs -1.6 percent in June) while food prices fell at a softer pace (-0.9 percent vs -1.5 percent). In addition, cost advanced faster for housing & utilities (1.3 percent vs 1.2 percent); miscellaneous goods & services (2.3 percent vs 2.0 percent) and recreation & culture (4.0 percent vs 2.5 percent). On a monthly basis, consumer prices rebounded 0.5 percent, after a 0.4 percent drop in June.
2020-08-03

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.