Uruguay: Manufacturing production recovers in February
Latest reading: Manufacturing production increased 3.3% on a year-on-year basis in February, following a 1.5% fall in the prior month.
Relative to the prior month’s figures, readings in February improved for food (+6.4% in annual terms vs +0.5% in January), paper (+4.8% vs -2.3% in January) and beverages (+12.9% vs +5.2% in January). In contrast, the reading for chemical substances and products worsened in February (+10.9% vs +30.7% in January).