Industry in Uruguay

Uruguay Industry | Economic News & Forecasts

Uruguay - Industry

Industrial output growth dips in September

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%.

Panelists participating in this month’s LatinFocus Consensus Forecast project industrial production to grow 2.9% in 2023, which is down 0.2 percentage points from last month’s estimate, and 2.6% in 2024.

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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