Uruguay: Industrial production falls in August
Latest reading: Manufacturing production declined 6.3% on a year-on-year basis in August, following a 4.2% increase in the prior month.
Relative to the prior month’s data, readings in August worsened for food (-5.0% on a year-on-year basis vs +4.9% in July) and beverages (+1.4% vs +2.5% in July). In contrast, readings picked up for paper (-0.8% vs -2.0% in July) and chemical substances and products (+2.0% vs +1.9% in July).