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. source: Banco Central del Paraguay

Inflation Rate in Paraguay decreased to 1.60 percent in July from 2.10 percent in June of 2026. Inflation Rate in Paraguay averaged 5.07 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 August of 2026.

Inflation Rate in Paraguay decreased to 1.60 percent in July from 2.10 percent in June of 2026. Inflation Rate in Paraguay is expected to be 1.80 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
2026-07-02 05:00 PM
Inflation Rate YoY
Jun 2.1% 2.4% 2.3%
2026-08-03 05:00 PM
Inflation Rate YoY
Jul 1.6% 2.1% 2.1%
2026-09-02 05:00 PM
Inflation Rate YoY
Aug 1.6% 1.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 141.40 141.60 points Jul 2026
Core Consumer Prices 141.80 141.70 points Jul 2026
Core Inflation Rate 1.21 1.14 percent Jul 2026
CPI Clothing 119.30 119.20 points Jul 2026
CPI Education 148.90 148.90 points Jul 2026
CPI Food 157.80 158.70 points Jul 2026
CPI Health 135.20 135.20 points Jul 2026
CPI Housing Utilities 122.00 121.80 points Jul 2026
CPI Recreation and Culture 131.80 131.70 points Jul 2026
CPI Restaurants and Hotels 156.60 154.50 points Jul 2026
CPI Transportation 146.90 148.40 points Jul 2026
Food Inflation 1.20 2.20 percent Jul 2026
GDP Deflator 143.70 146.90 points Mar 2026
Inflation Rate YoY 1.60 2.10 percent Jul 2026
Inflation Rate MoM -0.10 -0.30 percent Jul 2026
Producer Prices 98.40 98.70 points Jun 2026
PPI YoY -1.80 -1.50 percent Jun 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
1.60 2.10 13.40 0.50 2005 - 2026 percent Monthly
2017M12=100, NSA

News Stream
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
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