Kuwait Consumer Electronics Report Q1 2013 - New Market Research Report
BMI forecasts 7% growth for the Kuwaiti consumer electronics market in 2012, with spending on devices such as smartphones and tablets expected to benefit from a positive economic context. This surge in spending is almost wholly government-driven, with household incomes having been boosted by a series of public sector wage hikes and increased social benefits. There are signs that credit growth in the domestic banking sector - which has been anaemic for the best part of two years - is...
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