FX.co ★ Uruguay Industrial Output Rebounds in June

Uruguay’s industrial production rose 5.4% year-on-year in June 2026, rebounding strongly after a 3.5% decline in May and signaling a solid recovery in manufacturing activity. The upturn was led by a 7.8% increase in food products manufacturing, which alone contributed 3.2 percentage points to overall growth. Production in other food-related manufacturing segments expanded by 6.3%. On a seasonally adjusted basis, total industrial output increased 8.0% compared with the previous month. In the labor market, hours worked in the industrial sector were up 0.3% from a year earlier, even as industrial employment fell 3.0%. Cumulatively, from January through June, industrial production rose 2.9%, while hours worked and employment decreased by 1.7% and 1.9%, respectively.