The annual inflation rate in Paraguay inched up to 11.5 percent in June of 2022 from 11.4 percent in the previous month. Prices rose faster for food & non-alcoholic beverages (18.6 percent vs. 18.4 percent in May), clothing & footwear (4.0 percent vs 3.5 percent), furniture & furnishings (5.4 percent vs 5.0 percent), and alcoholic beverages & tobacco (4.2 percent vs 3.8 percent). Inflationary pressures remained little changed, although elevated, for transports (22.0 percent vs. 22.1 percent), and to a smaller extent, housing & utilities (4.9 percent, the same as in May) and miscellaneous goods & services (5.8 percent, unchanged from May). On a monthly basis, consumer prices went up 0.5 percent, quickening from a 0.2 percent gain in the prior month. source: Banco Central del Paraguay
Inflation Rate in Paraguay averaged 5.20 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 July of 2022.
Inflation Rate in Paraguay is expected to be 8.70 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.