The Central Bank of Paraguay (BCP) celebrates April inflation at 2.3%, below the 4% target, but analyst Alejo García argues the decline is artificial, driven by a 23% appreciation of the guarani against the dollar since July 2025, not by effective monetary policy. García points to flaws in the BCP's toolkit, such as the lack of high-frequency open market operations and an 'inverted corridor' of rates, indicating structural dysfunctions.
inflación subyacente SAE
La inflación subyacente SAE es una medida de inflación que excluye ciertos componentes volátiles en Paraguay.