Inflation in Paraguay

Paraguay Inflation | Economic News & Forecasts

Paraguay - Inflation

Available data points to a strong first quarter on the heels of last year’s investment- and export-led economic upturn, suggesting newly-elected Mario Abdo Benítez is likely to inherit a bustling economy when he takes the reins as president on 15 August. Economic activity ticked up for a sixth consecutive month in March, to a one-year high. Meanwhile, soybean export volumes remained elevated in Q1 despite adverse growing conditions, filling the supply gap left by neighboring Argentina’s poor haul this year. In June, fresh Mercosur-E.U. trade talks got underway in hopes of finally closing a long-sought-after tariffs deal which could eventually eliminate duty on shipments between the customs blocs.

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 Rate5,6610.18 %Jun 14

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