In February 2025, Paraguay’s inflation rate increased to 4.3%, the highest since August 2024. Key contributors included price rises in sectors like housing, food, education, and transportation. Consumer prices rose by 0.4% monthly, following a 1% increase in January.
In February 2025, Paraguay experienced an annual inflation rate increase, rising to 4.3% from 3.8% in the previous month. This marks the highest inflation rate recorded since August 2024. The primary factors behind this increase included notable price hikes in essential sectors such as housing and utilities, which rose by 2.16%, food and non-alcoholic beverages at 4.90%, and recreation and culture, which increased by 5.96%.
Additionally, the education sector saw a significant price rise of 4.70%, while restaurants and hotels manifested a 5.26% increase. Prices for furniture rose by 3.15%, and transportation observed a notable increase of 5.49%. Conversely, the healthcare sector experienced a decrease in the rate of cost increases, registering 2.65%, compared to 3.05% the previous month. Clothing and footwear prices remained stable, with little change at 2.26%.
On a monthly scale, consumer prices in Paraguay increased by 0.4% in February, following a larger rise of 1% in January. These fluctuations underscore the ongoing challenges faced by consumers in managing the effects of inflation in the economy.
In summary, Paraguay’s inflation rate rose to 4.3% in February 2025, influenced by substantial increases in housing, food, and recreation costs. While some sectors, such as health and clothing, showed slower price growth or stability, the overall trend indicates persistent inflationary pressures. Continuous monitoring of these trends will be crucial for policy responses moving forward.
Original Source: www.tradingview.com
