Paraguay’s central bank held its policy rate at 6% for the third consecutive time. Despite modest economic activity growth of 0.2% YoY in March, driven by services and agriculture, the overall economic environment remains cautiously optimistic. Consumer price inflation was recorded at 0.8% in April, with core inflation at a monthly 0.2% and an annual rate of 3.1%, aligning closely with the central bank’s 4.0% target.