Uruguay: Industrial production growth moderates sharply in November

In November 2013, industrial production expanded 1.9% over the same month of the previous year, which marked a sharp deceleration over the 16.1% increase recorded in October. The deceleration was mainly driven by a contraction in production of food and beverages, which had expanded strongly in the month prior. Nevertheless, November’s result was positive due to the expansions in automobiles production and in paper production, which more than offset the decline in basic metallic industries.

Read more about Uruguayan Industry.

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