In July, industrial production expanded 7.2% over the same month last year, which is almost twice the 3.8% increase recorded in June. In particular, the monthly figure was driven by increases in the manufacture of petroleum and carbon products as well as in the food and beverage industry. Excluding the La Teja refinery's contribution - the country's only oil refinery and a key contributor to overall production - industrial output expanded 4.5%, which was up from the 3.2% rise recorded in the previous month. As result of the stronger growth in July, the trend is now improving, with the annual average variation in industrial production rising from minus 1.9% in June to minus 1.7% in July.
Industrial production accelerates in July
September 13, 2012
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Uruguay Economic News
October 13, 2016
In August, industrial production grew 2.0% from the same month last year, which contrasted the 5.4% drop recorded in July and marked the best result in six months.
October 6, 2016
In September, consumer prices increased 0.3% over the previous month, down from August’s 0.6% rise.
September 21, 2016
Uruguay’s economy expanded 1.4% year-on-year in Q2 2016, which represented an acceleration over Q1’s revised 0.1% growth (previously reported: -0.5% year-on-year).
September 12, 2016
In July, industrial production contracted 5.4% over the same month last year, which was sharper than the 3.4% decrease in June and represented the fourth consecutive contraction in Uruguay’s industrial output.
September 5, 2016
In August, consumer prices increased 0.6% over the previous month, up from July’s 0.4% rise.