The annual inflation rate in Paraguay picked up to 4% in April 2024, from 3.6% in the preceding month. It marked the highest reading since June 2023. On a monthly basis, consumer prices in Paraguay went up by 0.8% after rising by 1.1% in the previous month. source: Banco Central del Paraguay

Inflation Rate in Paraguay increased to 3.60 percent in March from 2.90 percent in February of 2024. Inflation Rate in Paraguay averaged 5.25 percent from 2005 until 2024, 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 May of 2024.

Inflation Rate in Paraguay increased to 3.60 percent in March from 2.90 percent in February of 2024. Inflation Rate in Paraguay is expected to be 3.60 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 2.00 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-04-03 07:00 PM
Inflation Rate YoY
Mar 3.6% 2.9% 2.9%
2024-05-03 04:00 PM
Inflation Rate YoY
Apr 4% 3.6% 3.2%
2024-06-04 05:00 PM
Inflation Rate YoY
May 4% 4.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 132.40 131.00 points Mar 2024
Core Consumer Prices 131.50 131.00 points Mar 2024
Core Inflation Rate 4.30 4.50 percent Apr 2024
CPI Housing Utilities 115.70 115.50 points Mar 2024
CPI Transportation 147.00 144.00 points Mar 2024
Food Inflation 9.40 8.50 percent Apr 2024
GDP Deflator 139.47 139.32 points Dec 2023
Inflation Rate YoY 4.00 3.60 percent Apr 2024
Inflation Rate MoM 0.80 1.10 percent Apr 2024
Producer Prices 159.00 158.20 points Mar 2024
PPI YoY -2.99 -3.06 percent Mar 2024

Paraguay Inflation Rate
In Paraguay, the important categories of Consumer Price Index are: Food (32% of the total weight), Transports (15%), and Shelter, Household Maintenance & Services (9%). Furniture & Household Equipment accounts for 8%, Miscellaneous Goods & Services for 7%, and Leisure & Culture for 6%. Others include: Restaurants & Hotels (6%), Clothing (5%), Healthcare (4%), Education (4%), Communications (3%), and Alcoholic Beverages & Tobacco (1%). The national index has a base of 100 as of December 2017. 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.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.60 13.40 0.50 2005 - 2024 percent Monthly
2007M12=100, NSA


News Stream
Paraguay Inflation Rate Accelerates in March
The annual inflation rate in Paraguay increased to 3.6% in March 2024, up from 2.9% in the previous month, rebounding to the highest level in three months. Notably, inflation increased for food and non-alcoholic beverages (8.54% vs. 7.44%) and housing and utilities (0.78% vs. 0.7%), while prices rose at a slower pace for clothing and footwear (2.95% vs. 2.96%) and recreation and culture (1.85% vs. 1.94%) and remained constant for restaurants and hotels (4.37% vs. 4.37%). Conversely, prices fell at a slower rate for transportation (-2.13% vs. -4.76%) . On a monthly basis, consumer prices in Paraguay increased by 1.1% compared to February 2024.
2024-04-03
Paraguay Inflation Rate Falls to 6-Month Low
The annual inflation rate in Paraguay eased to 2.9% in February 2024, down from 3.4% in the previous month, marking the lowest level in six months. Notably, inflation decreased for transportation (-4.76% vs. -4.7% in January), while prices rose at a slower pace for food and non-alcoholic beverages (7.44% vs. 8.8%) and housing and utilities (0.7% vs. 0.9%), clothing and footwear (2.96% vs. 3.4%). Conversely, prices fell at an accelerated rate for restaurants and hotels (4.37% vs. 3.9%) and recreation and culture (1.94% vs. 1.9%). On a monthly basis, consumer prices in Paraguay remained stable compared to January 2024.
2024-03-06
Paraguay Inflation Rate Slows in January
The annual inflation rate in Paraguay eased to 3.4% in January 2024, down from 3.7% in the previous month, marking the lowest level in two months. Notably, inflation increased for food and non-alcoholic beverages (8.8% vs. 7.3% in December 2023) and housing and utilities (0.9% vs. 4%), while prices rose at a slower pace for clothing and footwear (3.4% vs. 3.6%) and remained constant for restaurants and hotels (3.9% vs. 3.9%) and recreation and culture (1.9% vs. 1.9%). Conversely, prices fell at an accelerated rate for transportation (-4.7% vs. -2.4%). On a monthly basis, consumer prices in Paraguay increased by 0.9% compared to December 2023.
2024-02-02