The annual inflation rate in Paraguay accelerated for a fifth straight month to 5.6 in August of 2021 from 5.2 percent in the previous month. It was the highest inflation rate since June of 2014, mainly due to rising prices of food and non-alcoholic beverages (11.5 percent vs 10.4 percent in July), transportation (9.2 percent vs 9.3 percent), healthcare (3.5 percent vs 3.3 percent), and housing and utilities (2.5 percent vs 2.2 percent). On a monthly basis, consumer prices were up 0.9 percent, following a 1.2 percent increase in the prior month. source: Banco Central del Paraguay

Inflation Rate in Paraguay averaged 5.01 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 September of 2021.

Inflation Rate in Paraguay is expected to be 4.10 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 2.80 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Paraguay Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.20 13.40 0.50 2005 - 2021 percent Monthly
2007M12=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 05:30 PM May 3.7% 2.5%
2021-07-05 04:00 PM Jun 4.5% 3.7% 4.4%
2021-08-03 06:00 PM Jul 5.2% 4.5% 4.2%
2021-09-02 06:00 PM Aug 5.6% 5.2% 4.1%
2021-10-01 07:00 PM Sep 5.6% 5.7%
2021-11-03 04:30 PM Oct
2021-12-02 05:30 PM Nov
2021-12-30 05:30 PM Dec
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Paraguay Inflation Rate Hits Over 7-Year High
The annual inflation rate in Paraguay accelerated for a fifth straight month to 5.6 in August of 2021 from 5.2 percent in the previous month. It was the highest inflation rate since June of 2014, mainly due to rising prices of food and non-alcoholic beverages (11.5 percent vs 10.4 percent in July), transportation (9.2 percent vs 9.3 percent), healthcare (3.5 percent vs 3.3 percent), and housing and utilities (2.5 percent vs 2.2 percent). On a monthly basis, consumer prices were up 0.9 percent, following a 1.2 percent increase in the prior month.
2021-09-02
Paraguay Inflation Rate Highest Since 2016
The annual inflation rate in Paraguay increased to 5.2 percent in July of 2021 from 4.5 percent in the previous month. It was the highest inflation rate since January of 2016, as prices advanced faster for food & non-alcoholic beverages (10.4 percent vs 8.6 percent in June); transport (9.3 percent vs 7.4 percent); housing & utilities (2.2 percent vs 1.5 percent) and furniture & household equipment (2.8 percent vs 2.3 percent). On a monthly basis, consumer prices went up 1.2 percent, following a 0.4 percent increase in the prior month.
2021-08-03
Paraguay Inflation Hits Near 3-½-Year High
The annual inflation rate in Paraguay picked up to 4.5 percent in June of 2021 from 3.7 percent in the previous month. It was the highest inflation rate since January of 2018, due to a faster rise in prices for food & non-alcoholic beverages (8.6 percent vs 6.8 percent in May); transport (7.4 percent vs 5.4 percent); and housing & utilities (1.5 percent vs 1.4 percent). Meanwhile, inflation was steady for furniture & household equipment ( at 2.3 percent); recreation & culture (at 3.6 percent); education (at 0.7 percent); and restaurant & hotels (at 1.5 percent). On a monthly basis, consumer prices edged up 0.4 percent, after a 0.6 percent rise in the prior month.
2021-07-05
Paraguay Inflation Hits Two-Year High
The annual inflation rate in Paraguay increased 3.7 percent in May of 2021 from 2.5 percent in the previous month. It was the highest reading since May of 2019, as prices advanced faster for food & non-alcoholic beverages (6.8 percent vs 4.0 percent in April), transport (5.4 percent vs 2.9 percent) and housing & utilities (2.5 percent vs 2.4 percent). Meantime, furniture & household equipment inflation was steady (at 2.3 percent). On a monthly basis, consumer prices rose 0.6 percent, following a 0.1 percent drop in the prior month.
2021-06-04

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.