Itaú BBA - Macro Scenario – Paraguay: Inflation under control

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Macro Scenario – Paraguay: Inflation under control

Fevereiro 12, 2020

Below the inflation target


For the full version with all charts and tables, please open the attached pdf file.

 

• Inflation remains in the lower zone of the central bank's target range (4% ± 2%). We expect inflation at 3.5% for 2020, in line with a greater expected dynamism of domestic demand. 

• The normalization of the soybean harvest after the drought and a more benign regional environment are likely to be the drivers of activity in 2020. We expect a 3.5% GDP expansion this year, from an estimated zero growth in 2019.

Juan Carlos Barboza
Diego Ciongo


For the full version with all charts and tables, please open the attached pdf file.

 



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