The annual inflation rate in Paraguay rose to 7.6 percent in October of 2021 from 6.4 percent in the previous month, the highest since September 2011. Cost accelerated for both food (14.7 percent vs 13.6 percent in September) and services (2.0 percent vs 1.5 percent) while housing prices inflation uptick (1.2 percent vs 1.1 percent). On a monthly basis, consumer prices went up 1.6 percent, extending a 1.0 percent gain in September. source: Banco Central del Paraguay
Inflation Rate in Paraguay averaged 5.03 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 November of 2021.
Inflation Rate in Paraguay is expected to be 8.50 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 2.80 percent in 2022 and 3.50 percent in 2023, according to our econometric models.