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 Policy Interest Rate (%, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%, eop) | 5.25 | 5.25 | 4.00 | 0.75 | 5.25 |