Uruguay: Industrial production contracts less quickly in September
Latest reading: Manufacturing production fell 5.2% in annual terms in September, following a 6.3% drop in the prior month.
Relative to the prior month’s figures, readings in September improved for food (-0.4% in annual terms vs -5.0% in August) and beverages (+16.6% vs +1.4% in August). In contrast, readings softened for paper (-6.2% vs -0.8% in August) and chemical substances and products (-4.0% vs +2.0% in August).