Inflation declined for the third successive month in February, coming in at 6.9% from January’s 7.8% on softer price pressures for food and transportation. Against this backdrop, on 22 February the Central Bank maintained its key rate at 8.50%. Inflation is seen decelerating this year but averaging above the Bank’s 4.0% target.
Paraguay Inflation (CPI, ann. var. %, eop) Data
|Inflation (CPI, ann. var. %, eop)||4.5||3.2||2.8||2.2||6.8|