Latinnews Daily - 7 November 2003

URUGUAY: Signs of economic recovery

Brazil & Southern Cone 12 July 2010 Modified: 07 November 2003 230 views

The economy is beginning to show that the worst may now be over. The fall in consumption slowed in August and September, though spending is still about 20% lower than it was in 2001. More encouragingly, employment is beginning to pick up. It was up 0.3 of a percentage point in July and September compared with the previous quarter.

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