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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ParaguayParaguay Producer Price Index YoY fell to -1.0% in April 2026
FMPMonthlyReleased May 2026
Paraguay Producer Price Index YoY fell to -1.0% in April 2026, released May 2026, down 0.3% from March's -0.7% reading. The reading missed the 0.1% consensus by 1.1%. The print is running well below the 12-month average of 2.65%. Over the past 3 months, Producer Price Index YoY averaged -0.47%, vs 2.6% in the prior 3-month window. Producer Price Index YoY is now the lowest in 15 months.
Latest Release
-1
Actual
0.1
Consensus
-0.7
Previous
Median Absolute Error
±0.34 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -0.32
Actual: -1
Error: +0.68
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.64 | CRYPTO | Bearish BTC | → View |
| XAU/USD | ▼ Inverse | −0.45 | COMMODITIES | Bearish XAU | → View |
| USD/JPY | ▼ Inverse | −0.35 | FOREX | Bearish USD | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Paraguay) was reported at -1% in May 2026. This missed the market consensus of 0.1% by 1.1%. The reading fell from the previous value of -0.7%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 2.55%, ranging from -1% to 4.8% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -0.57%, down from the prior three at 2.98%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.34%.
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - PY
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About Producer Price Index YoY — Paraguay
DEFINITION
Paraguay's Producer Price Index YoY for May registered -1.000000%, missing the 0.100000% estimate and declining from April's -0.700000%. This marks a deeper contraction in producer prices compared to the previous month, signaling persistent deflationary pressures. Market participants will watch upcoming inflation data closely as the central bank maintains a cautious stance. Updated 5/25/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual -1 %, consensus 0.1 %. Prior reading (Mar 2026): -0.7 %. Before that (Feb 2026): -0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.64) — a useful reference for crypto-focused traders.