Paraguay Tasa De Interés

The Central Bank of Paraguay left its policy interest rate at 6% during its October meeting. The committee noted global developments, including a modest rise in US inflation to 3.0% and slower job growth, alongside expectations of further Federal Reserve rate reductions. Internationally, oil prices continued to decline amid projections of an oversupply for 2026 and lower geopolitical tensions in the Middle East, while agricultural commodities showed mixed trends, with corn and wheat falling and soybean prices rising. Domestically, the economy grew steadily, with the Monthly Economic Activity Indicator up 4.5% in August, supported by services, manufacturing, agriculture and electricity and water. Inflation remained low, with the annual inflation at 4.3%, while expectations held at 3.7% for the next 12 months. The CPM reaffirmed its commitment to price stability and will continue monitoring domestic and global developments to ensure inflation remains aligned with the 3.5% policy goal.