Paraguay’s annual inflation increased from 1.5% in August to 1.7% in September, according to the Central Bank of Paraguay. It remained below the 4.3% recorded in September 2025. Year-to-date inflation was also lower, at 1.9%, compared with 3.3% over the same period last year.
What drove prices
The central bank reports increases in beef, vegetables, fuels and some services. Lower prices for imported durable goods partly offset those increases. It links declines in vehicle and some appliance prices to the guaraní’s appreciation against the US dollar.
Radar perspective
The consumer price index provides a general budgeting reference. Each business still needs to compare it with its own purchasing, transport and service costs.
Moderate inflation does not guarantee lower costs across every sector. Nor does it establish, by itself, that profit margins have improved or financing rates will fall. Business decisions require a review of actual prices, contracts and credit conditions.
Source: BCP — Inflation report, September 2026Source: BCP — Technical CPI report, September 2026