Paraguay recorded deflation of 0.3% in June, reducing its annual inflation rate to 2.1%, the second lowest in the region, behind only Ecuador.
México
Pytagua coverage mentioning México.
Paraguay recorded a 46% increase in international tourist arrivals in the first quarter of 2026 compared to the same period the previous year, leading global tourism growth according to the UN Tourism World Tourism Barometer, while South America as a bloc saw a 1% decline in the period.
Paraguay ended May with the third-lowest country risk in Latin America and the Caribbean, with an EMBI of 104 basis points, trailing only Uruguay (61 points) and Chile (86 points), according to data from Bloomberg Línea based on the index compiled by J.P. Morgan.
The Paraguayan national team's qualification for the 2026 World Cup is boosting tourism and consumption in the country, with around 2,000 Paraguayans traveling to the United States on unprecedented charter flights, while sectors such as food, beverages, meat, and retail are bracing for a sharp surge in sales during the Albirroja's matches.
The Paraguayan pork industry is advocating for an end to foot-and-mouth disease vaccination in order to access premium markets such as Japan and South Korea, projecting a surge in exports from 20,000 to 250,000 tons within five years.
Senasica auditors are evaluating Paraguay's sanitary system through May 26, with visits to a central laboratory and 10 packing plants, a decisive step toward opening the Mexican market to Paraguayan beef.
The National Police Investigations Department arrested a group suspected of targeting victims at airports and shopping malls to steal high-value watches. Among the cases attributed to the gang is the attack on former senator Armando Espínola. A Venezuelan national and several Paraguayans were detained, and vehicles used in the crimes were seized.
On May 30, Palma Street in Asunción will host the second edition of the Palmear Sin Fronteras Fair, bringing together 16 immigrant communities with typical cuisine, artistic performances, and traditional dances in a day of multicultural integration.
An ECLAC report points out that 89% of Paraguay's public debt is external and 82% is in dollars, exposing the country to exchange rate and fiscal risks, exacerbated by low tax pressure.