According to Paraguay’s central bank, inflation forecasts remain steady at 4% in the medium term. Despite expectations for stable annual inflation, there is anticipation for a short-term acceleration, with the monthly inflation rate expected to rise to 0.6% in May. Economic growth projections remain unchanged at 3.8% for 2024 and 4.0% for 2025. The consensus among analysts suggests the central bank will maintain its current monetary policy stance in the near term, with expectations for a year-end monetary policy rate of 5.5%.