The annual inflation rate in Paraguay rose to 1.6 percent in August of 2020 from 1.1 percent in the prior month. It was the highest rate since April, as food prices rebounded (0.8 percent vs -0.9 percent in July). In addition, costs advanced faster for transport (1.2 percent vs 0.3 percent) and recreation & culture (4.1 percent vs 4 percent). Meantime, inflation was steady for housing & utilities (at 1.3 percent) and miscellaneous goods & services (at 2.3 percent). On a monthly basis, consumer prices went up 0.5 percent, the same pace as in the prior month.

Inflation Rate in Paraguay averaged 5.13 percent from 2005 until 2020, 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 September of 2020.

Inflation Rate in Paraguay is expected to be 1.40 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 1.90 in 12 months time. In the long-term, the Paraguay Inflation Rate is projected to trend around 2.50 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Paraguay Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.10 13.40 0.50 2005 - 2020 percent Monthly
2007M12=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-02 05:30 PM May 0.7% 2.0% 1.9%
2020-07-03 04:00 PM Jun 0.5% 0.7% 0.5%
2020-08-03 06:00 PM Jul 1.1% 0.5% 0.4%
2020-09-02 04:45 PM Aug 1.6% 1.1% 0.9%
2020-10-02 05:50 PM Sep 1.6% 1.4%
2020-11-03 04:55 PM Oct
2020-12-02 05:30 PM Nov
2020-12-30 05:30 PM Dec 1.5%


News Stream
Paraguay August Inflation Rate Hits 4-Month High
The annual inflation rate in Paraguay rose to 1.6 percent in August of 2020 from 1.1 percent in the prior month. It was the highest rate since April, as food prices rebounded (0.8 percent vs -0.9 percent in July). In addition, costs advanced faster for transport (1.2 percent vs 0.3 percent) and recreation & culture (4.1 percent vs 4 percent). Meantime, inflation was steady for housing & utilities (at 1.3 percent) and miscellaneous goods & services (at 2.3 percent). On a monthly basis, consumer prices went up 0.5 percent, the same pace as in the prior month.
2020-09-02
Paraguay Inflation Rate at 3-Month High
The annual inflation rate in Paraguay increased to 1.1 percent in July of 2020 from 0.5 percent in the previous month. It was the highest inflation since April, as transport cost rebounded (0.3 percent vs -1.6 percent in June) while food prices fell at a softer pace (-0.9 percent vs -1.5 percent). In addition, cost advanced faster for housing & utilities (1.3 percent vs 1.2 percent); miscellaneous goods & services (2.3 percent vs 2.0 percent) and recreation & culture (4.0 percent vs 2.5 percent). On a monthly basis, consumer prices rebounded 0.5 percent, after a 0.4 percent drop in June.
2020-08-03
Paraguay Inflation Rate Lowest Since 2005
The annual inflation rate in Paraguay fell to 0.5 percent in June from 0.7 percent in the previous month. It was the lowest inflation rate since at least 2005, as prices continued to fall for food & non-alcoholic beverages (-1.5 percent vs -1.1 percent in May); transport (-1.6 percent, the same as in May); and alcoholic beverages & tobacco (-5 percent vs -4.5 percent). In addition, cost slowed for clothing & footwear (1 percent vs 1.1 percent); furnishings & household equipment (2.8 percent vs 2.9 percent); recreation & culture (2.5 percent vs 2.6 percent); restaurants & hotels (2.1 percent vs 2.4 percent); and miscellaneous goods & services (2 percent vs 2.4 percent). Meanwhile, inflation was steady for housing & utilities (at 1.2 percent). On a monthly basis, consumer prices went down 0.4 percent, following a 0.6 percent drop in the prior month.
2020-07-03
Paraguay Inflation Rate Eases to Record Low
The annual inflation rate in Paraguay decreased to 0.7 percent in May of 2020 from 2.0 percent in the previous month. It was the lowest rate since series began in 1995, as cost fell for food & non-alcoholic beverages (-1.1 percent vs 1.6 percent in April) and transport (-1.6 percent vs 1.4 percent). Meantime, prices slowed for housing & utilities (1.2 percent vs 1.5 percent) and furniture & household equipment (2.9 percent vs 3.3 percent). On a monthly basis, consumer prices dropped 0.6 percent, after a 0.2 percent decrease in the prior month.
2020-06-02

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.