The annual inflation rate in Paraguay eased to 11.4 percent in May of 2022 from 11.8 percent in the previous month. Prices slowed for food & non-alcoholic beverages (18.4 percent vs. 19.8 percent in April) and transport (22.1 percent vs. 24.4 percent). On the other hand, prices advanced faster for housing & utilities (4.9 percent vs. 4.7 percent), furniture & household equipment (5.0 percent from 4.5 percent), and miscellaneous goods & services (5.8 percent vs. 4.9 percent). On a monthly basis, consumer prices went up 0.2 percent, easing from a 1.5 percent gain in the prior period. source: Banco Central del Paraguay
Inflation Rate in Paraguay averaged 5.17 percent from 2005 until 2022, 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 June of 2022.
Inflation Rate in Paraguay is expected to be 11.30 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 2.50 percent in 2023, according to our econometric models.