Uruguay: Industrial output records quickest growth since August 2022 in March
Industrial output grew 4.1% year on year in March (February: +1.0% yoy). The print marked the best reading since August 2022.
Looking at the details of the release, paper and textile output gained steam. That said, food production expanded at a softer pace in March.
Meanwhile, annual average industrial production growth ticked down to 2.1% in March (February: +2.2%).