Solid Q2 GDP data

URUGUAY - Report 19 Sep 2022 by Esteban Fernández Medrano

The recently published 2Q22 GDP data came in better than expected. With real growth of 7.71% y/y and a seasonally adjusted rise of 1.1% q/q, it represented the fifth consecutive quarter of growth and an improvement compared to the 0.5% q/q rise seen in 1Q22.

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