Uruguayan economy contracts 1.8% July-Sept

Uruguay's economy fell 1.8% between July and September 2000 compared to the same period last year, the central bank said Friday. Uruguay's economy fell 1.3% between January and September, with a tumble of 2.9% between April and June offsetting a gain of 0.6% in January to March, the bank said.

The economy's weak points in the first nine months of 2000 were in the construction sector, which sported a 12.3% drop, and the agriculture arena, with a 4.9% drop year-on-year. Restaurants, hotels and t