The annual inflation rate in Paraguay picked up to 4.5 percent in June of 2021 from 3.7 percent in the previous month. It was the highest inflation rate since January of 2018, due to a faster rise in prices for food & non-alcoholic beverages (8.6 percent vs 6.8 percent in May); transport (7.4 percent vs 5.4 percent); and housing & utilities (1.5 percent vs 1.4 percent). Meanwhile, inflation was steady for furniture & household equipment ( at 2.3 percent); recreation & culture (at 3.6 percent); education (at 0.7 percent); and restaurant & hotels (at 1.5 percent). On a monthly basis, consumer prices edged up 0.4 percent, after a 0.6 percent rise in the prior month. source: Banco Central del Paraguay

Inflation Rate in Paraguay averaged 5.01 percent from 2005 until 2021, 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 August of 2021.

Inflation Rate in Paraguay is expected to be 4.10 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 2.00 in 12 months time. In the long-term, the Paraguay Inflation Rate is projected to trend around 2.80 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Paraguay Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 3.70 13.40 0.50 2005 - 2021 percent Monthly
2007M12=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-06 04:45 PM Mar 2.4% 2.5% 2.4%
2021-05-04 07:00 PM Apr 2.5% 2.4% 2.5%
2021-06-04 05:30 PM May 3.7% 2.5%
2021-07-05 04:00 PM Jun 4.5% 3.7% 4.4%
2021-08-03 06:00 PM Jul 4.5% 4.2%
2021-09-02 04:45 PM Aug 4.1%
2021-10-01 07:00 PM Sep
2021-11-03 04:30 PM Oct


News Stream
Paraguay Inflation Hits Near 3-½-Year High
The annual inflation rate in Paraguay picked up to 4.5 percent in June of 2021 from 3.7 percent in the previous month. It was the highest inflation rate since January of 2018, due to a faster rise in prices for food & non-alcoholic beverages (8.6 percent vs 6.8 percent in May); transport (7.4 percent vs 5.4 percent); and housing & utilities (1.5 percent vs 1.4 percent). Meanwhile, inflation was steady for furniture & household equipment ( at 2.3 percent); recreation & culture (at 3.6 percent); education (at 0.7 percent); and restaurant & hotels (at 1.5 percent). On a monthly basis, consumer prices edged up 0.4 percent, after a 0.6 percent rise in the prior month.
2021-07-05
Paraguay Inflation Hits Two-Year High
The annual inflation rate in Paraguay increased 3.7 percent in May of 2021 from 2.5 percent in the previous month. It was the highest reading since May of 2019, as prices advanced faster for food & non-alcoholic beverages (6.8 percent vs 4.0 percent in April), transport (5.4 percent vs 2.9 percent) and housing & utilities (2.5 percent vs 2.4 percent). Meantime, furniture & household equipment inflation was steady (at 2.3 percent). On a monthly basis, consumer prices rose 0.6 percent, following a 0.1 percent drop in the prior month.
2021-06-04
Paraguay Annual Inflation Rate Rises to 2.5% in April
The annual inflation rate in Paraguay increased to 2.5 percent in April of 2021 from 2.4 percent in the previous month. Prices advanced faster for transport (2.9 percent vs 1.8 percent in March) and housing & utilities (1.6 percent vs 1.3 percent). On the other hand, furniture & household equipment inflation was steady (at 2.3 percent) while food & non-alcoholic beverages prices slowed (4.0 percent vs 4.3 percent). On a monthly basis, consumer prices dropped 0.1 percent, following a 0.1 percent increase in the prior month.
2021-05-04
Paraguay Inflation Rate Eases in March
Paraguay's annual inflation eased to 2.4 percent in March 2021, from 2.5 percent in the prior month, as prices rose at a slower pace for food & non-alcoholic beverages (4.3 percent vs 5.6 percent in February); clothing & footwear (0.2 percent vs 0.5 percent); communications (0.6 percent vs 1.0 percent); and miscellaneous goods and services (1.6 percent vs 1.8 percent). Meanwhile, costs rose faster for housing & utilities (1.3 percent vs 1.0 percent); transports (1.8 percent vs 0.3 percent); healthcare (4.4 percent vs 4.2 percent); and recreation & culture (3.0 percent vs 2.7 percent). On a monthly basis, consumer prices inched up 0.1 percent in March, the same as in the previous month.
2021-04-06

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.