Inflation Rate in Paraguay
Inflation declined to 5.3% in April (March: 6.4%). The fall was driven by softer price pressures for transportation, and housing and utilities. On the flip side, food inflation ticked up. Meanwhile, on 21 April, the Central Bank maintained its key rate at 8.50%. Inflation is forecast to average around its current level this year, slightly above the Bank’s 4.0% target.
Paraguay Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Paraguay from 2013 to 2022.
Paraguay Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.6 | 4.0 | 2.8 | 1.8 | 4.8 |