Industry in Uruguay

Uruguay Industry | Economic News & Forecasts

Uruguay - Industry

Industrial output tumbles at sharp pace amid containment measures in May

Industrial production nosedived 19.6% year-on-year in May (April: -19.3% yoy). The result marked the weakest reading since February 2003.

Industrial production excluding refinery output tumbled 21.9% year-on-year in May, following April’s pronounced 22.2% dive. Looking at a breakdown of the sub-components, a sharp fall in the production of food products and beverage led the overall slump.

Meanwhile, the trend deteriorated significantly, with the annual average variation of industrial production coming in at minus 3.8% in May, down from April's minus 2.3%.

FocusEconomics panelists are still taking the latest developments into account.

Uruguay - Industry Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

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

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form