Money in Paraguay
Paraguay - MoneyThe economy bounced back in the third quarter of 2019, after contracting in the first half of the year. Quickening private consumption and a rebound in exports spearheaded the recovery. Turning to the fourth quarter of last year, growth seemingly sustained its momentum. Economic activity accelerated in October–November from Q3; private consumption likely benefited from low inflation, as hinted by upbeat retail sales in the quarter. That said, the external sector appeared to weigh on overall growth in Q4 given the plunge in merchandise exports amid declining sales of electricity and soybeans. In other news, the country signed a trade agreement with Brazil on 11 February. The deal removes excises for textiles and goods linked to the car industry and is seen boosting trade ahead.
Paraguay - Money Data
|Money (annual variation in %)||7.8||5.8||8.1||16.4||6.1|
5 years of economic forecasts for more than 30 economic indicators.
Paraguay Money Chart
Source: Central Bank of Paraguay.
|Exchange Rate||6,453||0.18 %||Jan 01|
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