In February 2025, Paraguay’s inflation rate rose to 4.3%, up from 3.8% the previous month, marking its highest since August 2024. Key contributors included rises in housing, food, and education. Monthly prices increased by 0.4%, slower than the 1% rise in January.
In February 2025, Paraguay experienced an increase in its annual inflation rate, which escalated to 4.3% from 3.8% in the preceding month. This rise represents the highest inflation rate since August 2024. Significant contributors to this surge included notable price hikes across various sectors such as housing and utilities, food and beverages, and education.
The inflation rate for housing and utilities was recorded at 2.16%, up from 2.08% in January. Likewise, food and non-alcoholic beverages saw an increase to 4.90% from 4.37%. Other sectors that experienced inflation included recreation and culture (5.96% vs. 5.45%), education (4.70% vs 3.88%), and restaurants and hotels (5.26% vs 4.82%).
Conversely, some categories such as health experienced a slower rate of price increase at 2.65%, compared to 3.05% in January. Additionally, clothing and footwear prices remained relatively stable with an inflation rate of 2.26%, marginally down from 2.27% previously. On a monthly basis, consumer prices in Paraguay rose by 0.4% in February, a decrease from the 1% increase observed in January.
The February inflation data indicates a concerning trend in Paraguay, marked by a notable rise in prices across essential sectors, particularly housing and food. While certain areas, such as health and clothing, exhibited slower price growth, the overall inflation rate is the highest since August 2024. Monitoring these trends is essential for understanding economic conditions in Paraguay moving forward.
Original Source: www.tradingview.com
