Inflation Paraguay 2008
Average inflation: 10.2%
Current Inflation
Inflation is very high at 10.2%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 13.4%. The lowest inflation was in October at 5.5%.
- Highest month
- June: 13.4%
- Lowest month
- October: 5.5%
- Difference
- 7.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 16.2%. The lowest price increase was in Energy with an average of 7.7%.
- Highest increase
- Food: 16.2%
- Lowest increase
- Energy: 7.7%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 9.3%. This approaches the highest level since records began (10.2% in 2008).
- 5-year average
- 9.3%
- 10-year average
- 9.3%
- All-time high (2008)
- 10.2%
- All-time low (2007)
- 8.1%
Trend
Inflation has remained relatively stable. Compared to 2007, the difference is minimal (+2.1 percentage point).
- Change vs. previous year
- +2.1 percentage points
- Largest monthly swing
- March: +6.7 percentage points
ECB Target
Inflation is 8.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €110.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 8.8% | -1.0 |
| February | 10.5% | +2.2 |
| March | 12.3% | +6.7 |
| April | 12.1% | +5.9 |
| May | 11.3% | +4.2 |
| June | 13.4% | +6.6 |
| July | 13.4% | +5.9 |
| August | 10.4% | -0.5 |
| September | 9.1% | -1.0 |
| October | 5.5% | -6.5 |
| November | 8.3% | +0.9 |
| December | 7.5% | +1.5 |
| Average | 10.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.