Industry in Uruguay

Uruguay Industry | Economic News & Forecasts

Uruguay - Industry

Industrial output growth eases in March

Industrial output expanded 5.5% compared to the same month a year earlier in March, which followed February’s 11.5% increase.

Meanwhile, annual average industrial production growth rose to 14.5% in January (December: +14.3%), signaling an improving trend in the industrial sector.

Panelists participating in this month’s LatinFocus Consensus Forecast project industrial production to grow 3.9% in 2022, which is down 0.1 percentage points from last month’s estimate, and 3.7% in 2023.

Uruguay - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)3.1  0.3  -11.1  11.5  -1.5  

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Uruguay Industry Chart

Uruguay Industry
Note: Annual variation of industrial production in %.
Source: Central Bank of Uruguay and FocusEconomics calculations.

Uruguay Facts

Value Change Date
Exchange Rate37.330.24 %Jan 01

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