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.