Industry in Uruguay

Uruguay Industry | Economic News & Forecasts

Uruguay - Industry

Industrial production slumps again in March

Industrial production fell 5.5% over the same month of the previous year in March, following a milder 2.5% year-on-year drop in February and marking the worst reading so far this year. Meanwhile, industrial production, excluding refinery output, declined 2.4% on an annual basis in March compared to the 2.1% dip in February.

Looking at a breakdown of the sub-components, a marked contraction in the production of basic metals and derived products of oil and coal led the overall contraction.

Meanwhile, annual average variation in industrial output fell from 11.5% in February to 9.1% in March, marking the lowest reading since September 2018.

Uruguay Industrial Production Forecast

Met the why particular panelists expect industrial production to increase 5.1% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees industrial output growth at 5.3%.

Uruguay - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)4.1  1.1  3.1  0.3  -11.1  

Sample Report

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


Uruguay Industry Chart

Uruguay Industry
Note: Annual variation of industrial production in %.
Source: Central Bank of Uruguay and Met the why particular calculations.

Uruguay Facts

Exchange Rate35.310.24 %Jun 13

Sample Report

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


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