In December 2025, Paraguay's annual inflation rate decreased to 3.1%, down from 4.1% in November, marking the lowest rate since February 2024. The prices for food and non-alcoholic beverages increased by 7.1%, slowing from the previous month's 10% rise. Inflation also eased in several categories, including alcoholic beverages and tobacco, which saw a rise of 1.7% compared to 1.9% previously; furniture and household items at 2.8% down from 2.9%; and communication services, which decreased to 3.0% from 3.2%. Meanwhile, deflation in the transport sector intensified, with prices declining by 5.9% compared to 4.4% previously, and gasoline prices fell by 9.0% following a 5.1% decrease. On a month-to-month basis, consumer prices experienced a drop of 0.3%, after having increased by 0.2% in November.