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Uruguay's economy grew 2.1% in Q2 2025, marking eight straight quarters of expansion despite ongoing structural challenges.
Uruguay's economy expanded 2.1% year-on-year in Q2 2025, driven by agriculture, manufacturing, and household consumption, with a 0.4% quarterly gain, marking eight straight quarters of growth.
Despite political stability and favorable conditions, structural challenges like high youth unemployment and low productivity persist, limiting long-term progress.
Growth forecasts for 2025 range from 2.5% to 2.6%, still below levels needed to significantly improve living standards.
Meanwhile, Argentina's economy surged 6.5% in Q2, the highest in the Americas, fueled by reforms including trade liberalization and spending cuts, with 2025 GDP growth projected at 4.4%.
President Milei announced increased spending on social programs for 2026, signaling a policy shift amid political pressures, while maintaining fiscal discipline.
La economía de Uruguay creció 2.1% en el segundo trimestre de 2025, marcando ocho trimestres consecutivos de expansión a pesar de los desafíos estructurales en curso.