Egypt Consumer Electronics Report Q4 2012 - New Market Research Report
BMI projects Egypt's consumer electronics spending will grow by about 11% in US dollar terms in 2012 to US$16.7bn. Spending on consumer electronics has remained a relative bright spot, despite the relatively weak employment backdrop. Strong remittances from Egyptians working in Saudi Arabia have helped to boost household spending but with a weak employment backdrop we stress that it will take some time before the economy is able to return to pre-crisis rates of growth. Egypt is still expected to...
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