Tag: Central Bank of Paraguay

• Thursday, January 19th 2023 - 10:02 UTC

  Paraguay's Central Bank foresees 4% inflation for 2023

  

  Paraguay's Central Bank (BCP) will target a 4% inflation for the year 2023 after a slowdown has already been detected, BCP Chief Economist Miguel Mora said Wednesday. The monetary authority will also seek to guarantee price stability for local consumers despite a depreciation of the guaraní (₲) against the US dollar.

• Tuesday, November 1st 2022 - 09:53 UTC

  Inflation forecast adjusted downward in Paraguay

  

  Paraguay's Central Bank lowered its inflation forecast for this year from 8.8% to 8.6%, it was reported Monday in Asunción. Meanwhile, Consumer Price Index (CPI) projections for 2023 remained unchanged from the BCP's previous outlook at 4.1%.

• Saturday, February 5th 2022 - 11:44 UTC

  Paraguayan Central Bank reports inflation in Jan. 2022 reached 1.5%

  

  Paraguay's Consumer Price Index (CPI) grew 1.5% in the month of January of 2022, for a yoy inflation of 7.9%, which surpassed the 6.8% recorded in the last month of 2021. It was also significantly above the same period of the previous year.

• Wednesday, December 8th 2021 - 09:12 UTC

  Inflation once again brings on increase in poverty throghout Paraguay

  

  Analysts foresee official data for the year 2021 will show an increase in poverty for the second straight year in Paraguay and will reach almost 30% due mainly to increasing inflation, analysts said Tuesday.

• Tuesday, October 26th 2021 - 20:05 UTC

  Bright future ahead for Paraguay's economy

  

  Paraguay's Treasury Monday forecast economic growth of 4.5% by the end of 2021, it was announced.