Uruguay

The Uruguayan government recently managed to secure the unanimous approval of a public-private participation law (PPP) in congress. While this could boost the ruling left-wing Frente... 2011-07-27

We expect the Banco Central del Uruguay (BCU)to opt for one more rate hike in September's meeting, raising the policy rate by a further 50 bps to 8.50% by end-2011. While the BCU continued... 2011-07-22

Uruguay's industrial production growth dropped to 0.3% y-o-y in April 2011, from 4.3% y-o-y in March. While high global commodity prices may have had some negative impact on domestic... 2011-06-30

Recent statements by government officials in Uruguay have confirmed that President José Mujica will act to remove obstacles that have, in the past, prevented courts from investigating... 2011-06-30

Latin America emerged relatively unscathed, both economically and politically, from the period of surging commodity prices in early 2011. With prices set to moderate in the second... 2011-06-24

Uruguay's impressive growth story seems set to continue, as the economy registered real GDP growth of 6.8% in Q111. Strong private consumption and fixed investment will continue to... 2011-06-20

The unemployment rate in Uruguay ticked-up to 6.4% in March 2011, up from 6.3% in February. Although these figures remain near historically low levels, the rate of unemployment has... 2011-06-03

Uruguayan President Jose Mujica welcomed his Brazilian counterpart Dilma Rousseff in her recent visit to the country, with both parties expressing their desire for even more cooperation... 2011-06-02

BMI View: We still believe the Uruguayan government is on course to beat its own 2014 deadline for achieving investment grade status. The positive outlook for the public accounts is... 2011-05-25

Uruguay's international reserves continue to expand as steady foreign investment into the country's attractive investment environment leaves the current account performing steadily,... 2011-05-09