Inflation in Paraguay
Paraguay - InflationAvailable data points to a promising second quarter on the heels of an investment- and export-led slowdown in the first quarter. Economic activity grew at an over one-year high in April and remained elevated in May, led by robust growth in the services sector, and solid construction and manufacturing output growth. Private credit growth shot up to an over two-year high in the second quarter, likely bolstered by lower inflation and a favorable monetary policy environment, which bodes well for private sector spending in the quarter. On the external front, annual export growth strengthened throughout Q2, reaching a near 11-year high in June, largely on the back of surging soybean exports.
Paraguay - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.7||5.0||3.1||4.1||3.6|
5 years of economic forecasts for more than 30 economic indicators.
Paraguay Inflation Chart
Source: Central Bank of Paraguay.
|Exchange Rate||5,754||0.18 %||Aug 15|
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