Paraguay’s annual inflation eased to 2.1% in June 2026 from 2.4% in May, moving further below the central bank’s target of 3.5%. Price pressures remained strongest in restaurants and hotels, which rose 8.6% year-on-year, followed by education (5.9%), recreation and culture (2.9%), and food and non-alcoholic beverages (2.2%). In contrast, transport prices fell 1.2%, helping to contain the overall inflation rate. On a monthly basis, consumer prices declined 0.3%, reversing a 0.1% increase in May. Meanwhile, core inflation, which excludes more volatile items, slowed to 1.7% from 1.9%, pointing to softer underlying price pressures. source: Banco Central del Paraguay

Inflation Rate in Paraguay decreased to 2.10 percent in June from 2.40 percent in May of 2026. Inflation Rate in Paraguay averaged 5.09 percent from 2005 until 2026, 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 July of 2026.

Inflation Rate in Paraguay decreased to 2.10 percent in June from 2.40 percent in May of 2026. Inflation Rate in Paraguay is expected to be 2.20 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 3.20 percent in 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-02 05:00 PM
Inflation Rate YoY
May 2.4% 2.3% 2.9%
2026-07-02 05:00 PM
Inflation Rate YoY
Jun 2.1% 2.4% 2.3%
2026-08-03 05:00 PM
Inflation Rate YoY
Jul 2.1% 2.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 141.60 142.00 points Jun 2026
Core Consumer Prices 141.70 141.80 points Jun 2026
Core Inflation Rate 1.14 1.21 percent Jun 2026
CPI Housing Utilities 121.80 121.40 points Jun 2026
CPI Transportation 148.40 149.40 points Jun 2026
Food Inflation 2.20 2.20 percent Jun 2026
GDP Deflator 143.70 146.90 points Mar 2026
Inflation Rate YoY 2.10 2.40 percent Jun 2026
Inflation Rate MoM -0.30 0.10 percent Jun 2026
Producer Prices 98.70 99.40 points May 2026
PPI YoY -1.50 -1.00 percent May 2026


Paraguay Inflation Rate
In Paraguay, the important categories of Consumer Price Index are: Food (32% of the total weight), Transports (15%), and Shelter, Household Maintenance & Services (9%). Furniture & Household Equipment accounts for 8%, Miscellaneous Goods & Services for 7%, and Leisure & Culture for 6%. Others include: Restaurants & Hotels (6%), Clothing (5%), Healthcare (4%), Education (4%), Communications (3%), and Alcoholic Beverages & Tobacco (1%). The national index has a base of 100 as of December 2017. 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.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.40 13.40 0.50 2005 - 2026 percent Monthly
2017M12=100, NSA

News Stream
Paraguay Annual Inflation Eases in June
Paraguay’s annual inflation eased to 2.1% in June 2026 from 2.4% in May, moving further below the central bank’s target of 3.5%. Price pressures remained strongest in restaurants and hotels, which rose 8.6% year-on-year, followed by education (5.9%), recreation and culture (2.9%), and food and non-alcoholic beverages (2.2%). In contrast, transport prices fell 1.2%, helping to contain the overall inflation rate. On a monthly basis, consumer prices declined 0.3%, reversing a 0.1% increase in May. Meanwhile, core inflation, which excludes more volatile items, slowed to 1.7% from 1.9%, pointing to softer underlying price pressures.
2026-07-02
Paraguay CPI Rises Slightly in May
Paraguay's annual inflation edged up to 2.4% in May 2026 from 2.3% in April. Price pressures were driven mainly by restaurants and hotels (8.4%), education (5.9%), food and non-alcoholic beverages (2.7%), and recreation and culture (2.8%). Additional increases were recorded in alcoholic beverages and tobacco (1.2%), housing and utilities (1.8%), furniture and household goods (2.0%), and healthcare (2.0%). On a monthly basis, consumer prices rose 0.1%, bringing cumulative inflation in the first five months of the year to 2.2%. Meanwhile, core inflation, which excludes more volatile items, remained unchanged at 1.9%, suggesting underlying price pressures stayed relatively contained.
2026-06-02
Paraguay Inflation Picks Up in April
Annual inflation in Paraguay rose to 2.3% in April 2025 from 1.9% in March. Price increases were led by restaurants and hotels (8.0%) and education (6.1%). Food prices rose 2.0%, while housing and utilities increased 1.5%. Other gains were seen in recreation and culture (3.1%), communication (2.1%), and furniture and household appliances (1.9%). At the subsector level, fuel prices jumped 12.2%, driven by concerns over oil supply in the Middle East. Core inflation eased to 1.9% from 2.2% in March. On a monthly basis, consumer prices rose 0.8%, matching the previous month’s pace.
2026-05-04