Inflation in Paraguay

Paraguay Inflation | Economic News & Forecasts

Paraguay - Inflation

The economy seems to have contracted more rapidly in the second quarter after shrinking for the first time in over six years in the first quarter. The economic activity indicator fell at a sharper pace, on average, in Q2. This was largely due to falling soybean production amid adverse weather conditions. Consequently, merchandise exports contracted more markedly in the quarter against a challenging trade backdrop. That said, the rate of decline in overall activity eased throughout Q2, thanks to a buoyant services sector and reduced drag by the manufacturing sector. Moreover, a notably softer drop in average remittances and strong credit growth in the quarter hint at a rebound in household consumption. Turning to the third quarter, exports fell less sharply in July, while credit availability remained robust in the month despite moderating somewhat.

Paraguay - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.7  5.0  3.1  4.1  3.6  

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Paraguay Inflation Chart


Paraguay Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Paraguay.

Paraguay Facts

ValueChangeDate
Exchange Rate6,2480.18 %Sep 04

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