Paraguay’s annual inflation rate edged higher to 1.7% in September 2026 from 1.5% in August, remaining well below the central bank’s 3.5% target. The largest price increases were recorded in fuels (18.9%) and food consumed outside the household (10.2%). Overall food prices declined 1.0%, driven by lower prices for fruits and vegetables. Meanwhile, services prices rose 0.5%, while income inflation stood at 3.8%. On a monthly basis, consumer prices increased 0.1%, following a flat reading in August. source: Banco Central del Paraguay

Inflation Rate in Paraguay increased to 1.70 percent in September from 1.50 percent in August of 2026. Inflation Rate in Paraguay averaged 5.05 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 October of 2026.

Inflation Rate in Paraguay increased to 1.70 percent in September from 1.50 percent in August of 2026. Inflation Rate in Paraguay is expected to be 2.50 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 3.20 percent in 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-02 04:40 PM
Inflation Rate YoY
Aug 1.5% 1.6% 1.7%
2026-10-02 05:00 PM
Inflation Rate YoY
Sep 1.7% 1.5% 1.8%
2026-11-03 05:00 PM
Inflation Rate YoY
Oct 1.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 141.40 141.40 points Aug 2026
Core Consumer Prices 141.60 141.80 points Aug 2026
Core Inflation Rate 0.85 1.21 percent Aug 2026
CPI Clothing 119.40 119.30 points Aug 2026
CPI Education 149.10 148.90 points Aug 2026
CPI Food 156.60 157.80 points Aug 2026
CPI Health 135.30 135.20 points Aug 2026
CPI Housing Utilities 122.10 122.00 points Aug 2026
CPI Recreation and Culture 132.40 131.80 points Aug 2026
CPI Restaurants and Hotels 157.00 156.60 points Aug 2026
CPI Transportation 148.70 146.90 points Aug 2026
Food Inflation -0.50 1.20 percent Aug 2026
GDP Deflator 142.74 142.55 points Jun 2026
Inflation Rate YoY 1.70 1.50 percent Sep 2026
Inflation Rate MoM 0.00 -0.10 percent Aug 2026
Producer Prices 98.50 98.50 points Aug 2026
PPI YoY -1.70 -1.50 percent Aug 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
1.70 1.50 13.40 0.50 2005 - 2026 percent Monthly
2017M12=100, NSA

News Stream
Paraguay Inflation Rises in September
Paraguay’s annual inflation rate edged higher to 1.7% in September 2026 from 1.5% in August, remaining well below the central bank’s 3.5% target. The largest price increases were recorded in fuels (18.9%) and food consumed outside the household (10.2%). Overall food prices declined 1.0%, driven by lower prices for fruits and vegetables. Meanwhile, services prices rose 0.5%, while income inflation stood at 3.8%. On a monthly basis, consumer prices increased 0.1%, following a flat reading in August.
2026-10-02
Paraguay Annual Inflation Eases in August
Paraguay’s annual inflation eased to 1.5% in August 2026 from 1.6% in July, remaining well below the central bank’s 3.5% target. The largest price increases were recorded in restaurants and hotels (9.5%), education (6.0%), furniture and household goods (1.8%), healthcare (1.7%), and housing and utilities (1.7%). These increases were partly offset by a 0.5% decline in food and non-alcoholic beverages. On a monthly basis, consumer prices were unchanged in August, following a 0.1% decline in July.
2026-09-02
Paraguay Inflation Eases to 1.6%
Paraguay’s annual inflation eased to 1.6% in July 2026 from 2.1% in June, moving further below the central bank’s 3.5% target. The largest price increases were recorded in restaurants and hotels (9.7%), followed by education (5.9%), furniture and household goods (2.1%), healthcare (1.9%), and housing and utilities (1.8%). Meanwhile, transport prices fell 1.1% as lower oil prices, driven by easing Middle East tensions, helped curb overall inflation. Core inflation, which excludes volatile items, fell to 1.5% year-on-year from 1.7% in June. On a monthly basis, consumer prices fell 0.1%, following a 0.3% decline in the previous month.
2026-08-03