Iran Consumer Electronics Report Q3 2012 - New Market Research Report
BMI expects the Iranian consumer electronics market to reach US$8.1bn in 2012, with growth constrained by the impact of US sanctions, subdued economic growth and lower oil prices. The US-led drive to tighten sanctions against Iran has resulted in the US National Defense Authorization Act, However, the indirect effect of sanctions, including rampant inflation, unemployment and a collapse of the rial, could have an even more damaging impact on demand for consumer electronics. However, Iran's steadily increasing population will support...
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