02.07.202518:49:46UTC+00Paraguay Inflation Accelerates in June

Paraguay experienced an uptick in its annual inflation rate, reaching 4.0% in June 2025 from 3.6% in May. This resurgence breaks a two-month trend of declining inflation. The primary contributors to this increase were the rising costs of fuels, which soared by 3.7%, alongside clothing, up by 0.5%, and various services. Meanwhile, a significant decrease in food prices, which fell by 5.3%, mitigated these broader inflationary pressures. Specifically, there were notable price reductions in fruits, which decreased by 7.2%, vegetables by 3.8%, and meats—both beef and pork—by 1.3%, as well as certain imported durable goods. In terms of services and housing, the monthly inflation rate dropped to 0.1%, in contrast to 0.2% from the previous year. Domestically produced goods experienced a monthly deflation of 0.3%, an improvement from the -0.6% observed in June 2024. The inflation rate for imported goods (excluding fresh produce) rose to 0.9%, compared to 0.3% in the previous year. Month-on-month, overall inflation was stable at 0.0%, following a 0.4% increase in May. The inflation rate for the year to date climbed to 3.0%, slightly higher than the 2.8% recorded over the same period in 2024.