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Uruguay Industrial production April 2024

Uruguay: Manufacturing production rebounds in April

Manufacturing production grew 6.1% year on year in April (March: -16.7% yoy). Looking at the details of the release, April’s turnaround was broad-based, with rebounds noted in food production and output of chemical substances and products. That said, beverage output contracted at a steeper clip in April.

As a result, the trend improved significantly, with the annual average variation of manufacturing production coming in at minus 0.5%, up from March’s minus 1.2%.

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