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Uruguay economy grows 3.5pc in 4th quarter

Published March 22, 2012 Updated March 22, 2012 08:11pm

uruguayMONTEVIDEO: Uruguay's gross domestic product grew 3.5 percent in the fourth quarter compared with the same period of 2010, but contracted 1.9 percent from the third quarter, the central bank said on Thursday.

The South American country's GDP rose 5.7 percent in the full-year 2011, marking a ninth straight year of growth. The traditionally agriculture-based economy grew 8.5 percent in 2010.

Copyright Reuters, 2012

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