Paraguay inflation rate for 2023 was 4.63%, a 5.13% decline from 2022.
Paraguay inflation rate for 2022 was 9.77%, a 4.98% increase from 2021.
Paraguay inflation rate for 2021 was 4.79%, a 3.02% increase from 2020.
Paraguay inflation rate for 2020 was 1.77%, a 0.99% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.