New Market Report: Leisure and Personal Goods Specialist Retailers in Argentina
Amidst Argentina's current adverse economic situation, there is no incentive for consumers to save money as inflation at almost double nominal interest rates results in a negative real interest rate on savings. Argentineans now find it more effective to spend their money rapidly than to watch their savings dwindle as the value of the peso continues to decline and inflation continues to plague the national economy. In addition, retailing in Argentina has been negatively impacted by recent...
View full press release