MercoPress. South Atlantic News Agency

Drought strikes: Uruguay's economy shrinks by 2.5% in Year-on-Year analysis

The Central Bank of Uruguay has unveiled concerning economic data, revealing a 2.5% year-on-year decline in the country's Gross Domestic Product (GDP) for the second semester of 2023. The figures, released on Thursday, shed light on the adverse effects of the drought on Uruguay's economic landscape. Read full article