Uruguay's average household income declined by 1.5% over the past year, while the price gap between Uruguay and Argentina widened to 26.4% in July, marking an increase after reaching one of its lowest historical levels in May. The Uruguayan peso-dollar exchange rate fluctuated, with the dollar initially retreating below 40 pesos before resuming an upward trend and surpassing that level again. In July, Uruguay's tax revenue collected by the Dirección General Impositiva (DGI) rose by 2.5% year-on-year, and industrial export prices increased by 8.1% annually. The government launched the Industry Council, which business leaders praised for its long-term perspective. The Ministry of Economy and Finance (MEF) successfully placed over $133 million in Treasury Notes in July. Uruguay's country risk fell, solidifying its position as the lowest in the region. Notably, the Uruguayan fintech company dLocal experienced a sharp stock surge, rising nearly 35%—its largest increase in four years—after reporting better-than-expected quarterly earnings and raising its full-year guidance. The stock rally was attributed to the company’s sustained growth prospects, particularly through expansion into the global south markets.