Paraguay’s consumer prices increased by 0.1% MoM in July, following a 0.4% deflation in June. The annual inflation rate edged up to 4.4% in July from 4.3% in June. Core inflation slightly rose to 3.2% YoY in July from June’s 3.1%. Both annual headline and core inflation figures remain within the central bank’s target range of 4% +/- 2 pp.