Uruguay: Manufacturing production growth falls to 10-month low in February
Manufacturing output increased 0.9% in year-on-year terms in February, which followed January’s 1.1% increase. Looking at the details of the release, food output expanded at a softer pace in February, and paper output also decelerated. Meanwhile, chemical substances and products production increased.
Meanwhile, annual average of manufacturing production was 0.6% in February, matching January’s figure.