Paraguay’s inflation rate rose to 4.3% in February 2025 from 3.8% the previous month, marking the highest since August 2024. Major contributors to this increase included housing, food, transportation, and education, while health and clothing prices rose slowly or remained stable. Monthly consumer prices increased by 0.4%.
In February 2025, Paraguay’s annual inflation rate accelerated to 4.3%, up from 3.8% in January. This rise marks the highest inflation figure since August 2024. The overall increase can be attributed to significant price hikes across several sectors, notably housing and utilities, which increased to 2.16%, food and non-alcoholic beverages at 4.90%, and recreation and culture seeing a rise to 5.96%.
Additional sectors contributing to the inflation increase include education (4.70%) and restaurants and hotels (5.26%). Furniture and transportation also experienced price rises at 3.15% and 5.49% respectively. In contrast, the healthcare sector experienced a slowdown, with costs rising 2.65%, while clothing and footwear prices remained mostly stable at 2.26%.
On a month-over-month basis, consumer prices increased by 0.4% in February, following a more significant rise of 1% in January.
Paraguay’s inflation rate saw a notable increase in February 2025, primarily due to higher prices in essential categories such as housing, food, and transportation. In contrast, health costs and clothing prices experienced slower growth or stability. The annual rate now sits at 4.3%, the highest rate observed since August 2024, while month-on-month inflation shows a more moderate rise of 0.4%.
Original Source: www.tradingview.com
