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New data Balance of Trade (Oct)

11/29/2024

actual -25.42, previous -64.33

The event is the Balance of Trade report for Uruguay (UY) for the month of October. The actual balance of trade for this period was -25.42 million units of the local currency (UYU). This figure represents an improvement from the previous month, with a change of 38.91 units.

The impact of this event is considered low, as it provides insight into the country's trade performance but may not have a significant immediate effect on the market. The estimate for the balance of trade was -100 million UYU, indicating that the actual result was better than expected.

Overall, the positive change in the balance of trade suggests an improvement in Uruguay's trade position for the month of October.

This is not investment advice. Remember to verify the information provided here.

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