Inflation Paraguay 2021
Average inflation: 4.8%
Current Inflation
Inflation is high at 4.8%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 7.6%. The lowest inflation was in March at 2.4%.
- Highest month
- October: 7.6%
- Lowest month
- March: 2.4%
- Difference
- 5.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 9.2%. The lowest price increase was in Energy with an average of 2.4%.
- Highest increase
- Food: 9.2%
- Lowest increase
- Energy: 2.4%
Historical Context
Current inflation is 1.4% higher than the 5-year average of 3.4%. This approaches the highest level since records began (4.8% in 2021).
- 5-year average
- 3.4%
- 10-year average
- 3.5%
- All-time high (2021)
- 4.8%
- All-time low (2020)
- 1.8%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +3.0 percentage point.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- October: +5.9 percentage points
ECB Target
Inflation is 2.8% 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 €104.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 2.6% | -0.2 |
| February | 2.5% | +0.1 |
| March | 2.4% | -0.1 |
| April | 2.5% | +0.5 |
| May | 3.7% | +3.0 |
| June | 4.5% | +4.0 |
| July | 5.2% | +4.1 |
| August | 5.6% | +4.0 |
| September | 6.4% | +4.8 |
| October | 7.6% | +5.9 |
| November | 7.4% | +5.2 |
| December | 6.8% | +4.6 |
| Average | 4.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.