"Venezuela Consumer Electronics Report Q1 2013" Published
BMI expects the Venezuelan consumer electronics market to have grown by around 8% in 2012, but the precarious economic environment will inhibit IT investment. BMI has upwardly revised our market forecast after stronger-than-expected credit fuelled private consumption growth in 2012. A 'notebooks for schools' programme, and the acceleration of Venezuela's programme for digital broadcasting migration, will also provide a boost to consumer electronics spending over the next few years. However, economic uncertainty following the re-election of President Chavez and the...
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