Inflation Paraguay 2019

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in May at 3.8%. The lowest inflation was in November at 1.9%.

Highest month
May: 3.8%
Lowest month
November: 1.9%
Difference
1.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 3.0%. The lowest price increase was in Food with an average of 1.2%.

Highest increase
Energy: 3.0%
Lowest increase
Food: 1.2%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 3.5%. This approaches the lowest level since records began (2.6% in 2009).

5-year average
3.5%
10-year average
4.2%
All-time high (2008)
10.2%
All-time low (2009)
2.6%

Trend

Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-1.2 percentage point).

Change vs. previous year
-1.2 percentage points
Largest monthly swing
January: -2.3 percentage points

ECB Target

Inflation is 0.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Food
1.2%
-1.6vs avg.
More details →
Energy
3.0%
+0.2vs avg.
More details →
Core inflation
2.6%
-0.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2018
January 2.4% -2.3
February 2.7% -1.4
March 2.8% -1.3
April 3.1% -0.5
May 3.8% +0.3
June 2.8% -1.6
July 3.1% -0.9
August 2.8% -1.1
September 2.6% -1.4
October 2.4% -1.7
November 1.9% -2.1
December 2.8% -0.4
Average 2.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also