The annual inflation rate in Paraguay increased to 2.7 percent in February 2019 from 2.4 percent in the previous month. Cost of food & non-alcoholic beverages rebounded (0.6 percent compared to -1.0 percent in January) and prices rose further for furnishing & household equipment (2.9 percent compared to 2.8 percent); health (2.1 percent compared to 2.0 percent); education (3.1 percent compared to 3.0 percent); communications (0.9 percent compared to 0.7 percent). On the other hand, cost slowed for transport (6.2 percent compared to 6.7 percent); housing & utilities (3.8 percent compared to 4.1 percent); miscellaneous goods & services (3.3 percent compared to 3.4 percent) and recreation & culture (2.5 percent compared to 3.2 percent). Core inflation, which excludes volatile items such as fruits, vegetables and fuels, went up to 2.6 percent in February from 2.4 percent in January. On a monthly, basis consumer prices advanced 0.6 percent, after a flat reading in the prior month. Inflation Rate in Paraguay averaged 5.43 percent from 2005 until 2019, reaching an all time high of 13.40 percent in June of 2008 and a record low of 0.90 percent in May of 2013.

Inflation Rate in Paraguay is expected to be 3.10 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 4.00 in 12 months time. In the long-term, the Paraguay Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

Paraguay Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-03 05:05 PM Inflation Rate YoY 4.0% 4.1% 3.9%
2018-12-28 07:00 PM Inflation Rate YoY 3.2% 4.0% 4.0%
2019-02-01 05:30 PM Inflation Rate YoY 2.4% 3.2% 3.8%
2019-03-04 01:00 PM Inflation Rate YoY 2.7% 2.4% 2.5%
2019-04-02 05:20 PM Inflation Rate YoY 2.7% 3.1%
2019-05-03 05:00 PM Inflation Rate YoY 3.3%
2019-06-03 04:55 PM Inflation Rate YoY 3.5%


Paraguay Prices Last Previous Highest Lowest Unit
Inflation Rate 2.70 2.40 13.40 0.90 percent [+]
Core Consumer Prices 103.20 102.80 103.20 16.10 Index Points [+]
Core Inflation Rate 2.60 2.40 21.79 0.68 percent [+]
Producer Prices 123.20 123.20 123.60 99.30 Index Points [+]
Producer Prices Change 2.00 2.30 43.40 -3.40 percent [+]
Inflation Rate Mom 0.60 0.00 3.95 -2.24 percent [+]
GDP Deflator 112.23 112.10 112.23 14.64 Index Points [+]
Food Inflation 0.60 -1.00 32.41 -4.84 percent [+]
CPI Housing Utilities 104.60 104.40 159.20 35.20 Index Points [+]
CPI Transportation 109.80 109.60 127.10 23.32 Index Points [+]
Consumer Price Index Cpi 103.80 103.20 155.10 32.80 Index Points [+]


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. This page provides - Paraguay Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Inflation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.40 13.40 0.90 2005 - 2019 percent Monthly
2007M12=100, NSA




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.40 Jan/19
China 1.50 Feb/19
Euro Area 1.50 Feb/19
France 1.30 Feb/19
Germany 1.50 Feb/19
India 2.57 Feb/19
Indonesia 2.57 Feb/19
Italy 1.00 Feb/19
Japan 0.20 Jan/19
Mexico 3.94 Feb/19
Netherlands 2.60 Feb/19
Russia 5.20 Feb/19
Saudi Arabia -1.90 Jan/19
Singapore 0.40 Jan/19
South Africa 4.00 Jan/19
South Korea 0.50 Feb/19
Spain 1.10 Feb/19
Switzerland 0.60 Feb/19
Turkey 19.67 Feb/19
United Kingdom 1.80 Jan/19
United States 1.50 Feb/19


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