Paraguay's annual inflation eased to 2.4 percent in March 2021, from 2.5 percent in the prior month, as prices rose at a slower pace for food & non-alcoholic beverages (4.3 percent vs 5.6 percent in February); clothing & footwear (0.2 percent vs 0.5 percent); communications (0.6 percent vs 1.0 percent); and miscellaneous goods and services (1.6 percent vs 1.8 percent). Meanwhile, costs rose faster for housing & utilities (1.3 percent vs 1.0 percent); transports (1.8 percent vs 0.3 percent); healthcare (4.4 percent vs 4.2 percent); and recreation & culture (3.0 percent vs 2.7 percent). On a monthly basis, consumer prices inched up 0.1 percent in March, the same as in the previous month. source: Banco Central del Paraguay
Inflation Rate in Paraguay averaged 5.03 percent from 2005 until 2021, 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 2021.
Inflation Rate in Paraguay is expected to be 1.90 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 2.30 in 12 months time. In the long-term, the Paraguay Inflation Rate is projected to trend around 2.80 percent in 2022 and 3.50 percent in 2023, according to our econometric models.