Inflation in Paraguay

Paraguay Inflation | Economic News & Forecasts

Paraguay - Inflation

The economy shifted into a higher gear in Q2 largely due to improvements within the external sector and buoyant investment activity. Exports surged markedly in Q2, helped by robust demand for Paraguayan soybeans and livestock. Nevertheless, as contribution to GDP growth from the external sector, although much improved from Q1, remained slightly negative, domestic demand continued to lead the overall expansion in Q2. Fixed investment soared, bolstered by a booming construction sector. Household consumption, on the other hand, decelerated slightly in Q2, although remained robust thanks to moderating inflationary pressures and expanding private lending in the quarter. Q3 data, meanwhile, paints a mixed picture: Economic activity remained elevated in July amid faster private credit growth, while exports contracted in both July and August.

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

Exchange Rate5,9110.18 %Oct 16

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