Uruguay: Manufacturing production growth eases to six-month low in February
Latest reading: Manufacturing output growth cooled to 4.8% year on year in February (January: +7.1% yoy).
The notable deceleration was mainly due to a deterioration in food output. In contrast, paper output gained steam, and chemical production contracted at a milder pace.
Meanwhile, the trend pointed up, with annual average manufacturing production growth rising to 2.6% in February (January: +2.3%), which marked an over two-year high.