Manufacturing production in Uruguay rose by 12 percent year-on-year in May of 2022, marking the steepest increase since November of 2021 and picking up from the 3.9 percent rise in the prior month. Production grew for meat (14.9 percent with a contribution of 4.9 percentage points to the overall increase), automobiles (131.9 percent with a contribution of 2.6 percentage points), and paper and paper products (10.4 percent with a contribution of 1.1 percentage points). Considering the first five months of 2022, industrial production rose by 8.5 percent compared to the corresponding period of the previous year. source: Instituto Nacional de Estadística, Uruguay
Industrial Production in Uruguay averaged 4.71 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 August of 2022.
Industrial Production in Uruguay is expected to be -5.50 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.