New Market Report: Mixed Retailers in Argentina
Retail scenario in mixed retailing in Argentina during 2012 continues to contract due to rising inflation impacting on nominal salaries at a faster pace than in 2011. According to CAME (local chamber of small and medium-sized enterprises) retail sales in September 2012 experienced a substantial contraction of 5% from the same month a year before. The Argentinean government strengthened certain restrictions on the sale of foreign currency and on the creation of foreign assets belonging to...
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