Cost of food in Paraguay decreased 0.90 percent in July of 2020 over the same month in the previous year.
Food Inflation in Paraguay averaged 7.50 percent from 1995 until 2020, reaching an all time high of 32.41 percent in April of 2003 and a record low of -4.84 percent in August of 2012. This page provides the latest reported value for - Paraguay Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Paraguay Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Paraguay is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Paraguay to stand at 0.80 in 12 months time. In the long-term, the Paraguay Food Inflation is projected to trend around 1.50 percent in 2021 and 2.50 percent in 2022, according to our econometric models.