Annual inflation in Paraguay eased to 1.9% year-over-year in March 2026, down from 2.3% in February and marking the lowest level since October 2020. Food prices rose 3.1% following 6.2% inflation in February, while other goods prices fell 1.4%. Overall goods inflation stood at 0.8%. Services inflation was 3.9%, little changed from 3.8%, while income inflation was 0.6%. Fuel prices fell 2.6% after declining 12.1% in February, with deflation decelerating sharply amid Middle East oil supply concerns. Core prices rose 2.2% after rising 2.6% in February. On a monthly basis, consumer prices were 0.8% higher, following a flat reading in the prior month. source: Banco Central del Paraguay

Inflation Rate in Paraguay decreased to 1.90 percent in March from 2.30 percent in February of 2026. Inflation Rate in Paraguay averaged 5.12 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 April of 2026.

Inflation Rate in Paraguay decreased to 1.90 percent in March from 2.30 percent in February of 2026. Inflation Rate in Paraguay is expected to be 3.70 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
2026-03-04 05:00 PM
Inflation Rate YoY
Feb 2.3% 2.7%
2026-04-06 05:05 PM
Inflation Rate YoY
Mar 1.9% 2.3% 2.8%
2026-05-04 05:00 PM
Inflation Rate YoY
Apr 1.9%


Related Last Previous Unit Reference
Consumer Price Index CPI 140.80 139.70 points Mar 2026
Core Consumer Prices 141.70 141.70 points Mar 2026
Core Inflation Rate 2.50 3.00 percent Mar 2026
CPI Housing Utilities 120.90 120.50 points Mar 2026
CPI Transportation 142.60 137.70 points Mar 2026
Food Inflation 3.10 6.20 percent Mar 2026
GDP Deflator 146.90 148.84 points Dec 2025
Inflation Rate YoY 1.90 2.30 percent Mar 2026
Inflation Rate MoM 0.80 0.00 percent Mar 2026
Producer Prices 99.30 98.50 points Mar 2026
PPI YoY -0.70 -0.90 percent Mar 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
1.90 2.30 13.40 0.50 2005 - 2026 percent Monthly
2007M12=100, NSA

News Stream
Paraguay's Inflation Eases to Lowest Since October 2020
Annual inflation in Paraguay eased to 1.9% year-over-year in March 2026, down from 2.3% in February and marking the lowest level since October 2020. Food prices rose 3.1% following 6.2% inflation in February, while other goods prices fell 1.4%. Overall goods inflation stood at 0.8%. Services inflation was 3.9%, little changed from 3.8%, while income inflation was 0.6%. Fuel prices fell 2.6% after declining 12.1% in February, with deflation decelerating sharply amid Middle East oil supply concerns. Core prices rose 2.2% after rising 2.6% in February. On a monthly basis, consumer prices were 0.8% higher, following a flat reading in the prior month.
2026-04-06
Paraguay Inflation Rate Hits 6-Year Low
Annual inflation in Paraguay eased to 2.3% year-on-year in February 2026, down from 2.7% in January, marking the lowest level since 2020. The slowdown was largely driven by a sharper decline in transport prices (-9.35% versus -7.14%), along with moderating increases in food (6.2% versus 6.7%), housing and utilities (2.1% versus 2.2%), furnishings and household equipment (2.1% versus 2.3%), restaurants and hotels (9.3% versus 9.9%), and health (1.8% versus 1.9%). In contrast, price growth accelerated for clothing and footwear (1.8% versus 1.7%), education (6.0% versus 5.0%), communication (2.6% versus 2.5%), and alcoholic beverages and tobacco (2.0% versus 1.9%). Inflation for recreation and culture stood at 3.2%. Core inflation also declined, falling to 3% from 3.3% in January. On a monthly basis, consumer prices were unchanged, following a 0.6% increase in the previous month.
2026-03-04
Paraguay Inflation Falls to Lowest Since 2021
Paraguay’s annual inflation rate eased to 2.7% in January 2025 from 3.1% in December, marking its lowest level since April 2021. Price pressures were strongest in food goods, where inflation reached 6.7%, followed by services at 3.7%. Income-related inflation remained subdued at 0.7%. In contrast, other goods prices recorded deflation of 1.6%. Core inflation stood at 3.3%, remaining above the headline rate. On a monthly basis, consumer prices rose 0.6% in January, reversing a 0.3% decline in the previous month.
2026-02-03