Manufacturing production in Uruguay rose by 3.9 percent year-on-year in April of 2022, the smallest increase since March of 2021 and marking the fifth straight month of slowing growth. Higher production of motor vehicles (230.9%) was partly offset by declines in pharmaceutical products (-30.5 percent), chemical products (-16.6 percent) and repair and Installation of machinery and equipment (-37.9 percent). Considering the first four months of the year, manufacturing output grew 7.6 percent over a year ago. source: Instituto Nacional de Estadística, Uruguay
Industrial Production in Uruguay averaged 4.68 percent from 2003 until 2022, reaching an all time high of 57.25 percent in October of 2003 and a record low of -31.14 percent in January of 2003. This page provides - Uruguay Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Industrial Production in Uruguay is expected to be -3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Manufacturing Production is projected to trend around 4.00 percent in 2023, according to our econometric models.