Uruguay: Industrial output growth dips in September
November 11, 2022
Industrial production expanded 2.7% year on year in September (August: +9.3% yoy). September's notable moderation was largely driven by contractions in paper and chemical substances production and in oil refining. That said, food and automobile production rose markedly.
Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 7.9% in September, down from August's 8.7%.