Uruguay - Domestic trade

Although the Uruguayan population is small, it has a relatively high purchasing power. Wholesale and retail trade accounted for 12.4% of GDP in 1996. The reasonably good transportation system allows easy shipment of agricultural products to the capital. Chambers of commerce and other trade associations play an active role in interpreting local market demands. The inflation rate has fallen considerably over the past decade, from 130% in 1990 to 3.6% in 2001.

Normal business hours are 9 AM to 12 noon and 2 to 7 PM , Monday through Friday, and 9 AM to 2 PM , Saturday. Banks open to the public on weekdays from 1 to 5 PM . Most shops are generally open from 9 AM to 10 PM .

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