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Uruguay Industrial production April 2023

Uruguay: Industrial activity dips in April

Industrial production decreased 3.0% year on year in April (March: +4.1% yoy). The reading reflected a broad-based downturn across the major sectors, with food, paper and chemical substances and products all contracting in April.

Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 1.6% in April, down from March’s 2.1% reading.

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