The Consumer Price Index in Paraguay increased 0.60 percent in December of 2019 over the previous month. Inflation Rate Mom in Paraguay averaged 0.58 percent from 1994 until 2019, reaching an all time high of 3.95 percent in January of 2003 and a record low of -2.24 percent in November of 2007.
Inflation Rate Mom in Paraguay is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Paraguay to stand at 0.40 in 12 months time. In the long-term, the Paraguay Inflation Rate MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.