Average inflation in Paraguay

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 3.3% 2027: 3.5% 2028: 3.5% 2029: 3.5% 2030: 3.5% 2031: 3.5%

6.7% (1999) ANUAL · % · Annual · CSV

Period	%
Jan 1999	6.7%
Jan 1998	11.6%
Jan 1997	6.9%
Jan 1996	9.8%
Jan 1995	13.5%
Jan 1994	20.4%
Jan 1993	18.4%
Jan 1992	15.1%
Jan 1991	24.3%
Jan 1990	38.2%

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually, covering the full year and subject to revision.

What it is

Measures the change in prices of a representative basket of goods and services bought by Paraguayan households. Published by the Central Bank of Paraguay (BCP), it is the country's main gauge of inflation.

How it's calculated

Based on a monthly price survey, focused mainly on the Asunción metropolitan area. Items are weighted by their share of household spending and aggregated into an index with a base year (index 100). Average annual inflation averages the year's year-on-year rates.

Market implications

It is the central reference for the Central Bank of Paraguay's monetary policy under its inflation-targeting framework. A reading above target pushes the policy rate higher and can weigh on the guaraní.

Limitations

It only measures the selected basket, not the whole economy. Food prices carry a heavy weight and are sensitive to harvests and weather; the underlying trend is tracked via core inflation, which excludes energy and fresh food.