The Central Bank of Paraguay has revised its economic projections for the year, raising the gross domestic product growth forecast from 4,5% to 5%. Simultaneously, the institution lowered its inflation forecast from 3,3% to 3%.
These updated figures were highlighted by Paraguayan President Santiago Peña as indicators of positive economic performance. The adjustments reflect a strengthened outlook for national production alongside a cooling of inflationary pressures within the country.
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