New Market Report Now Available: Toys and Games in Argentina
Inflation and a particularly strong Christmas season were the main drivers for growth, which reached 25% in traditional toys and games in current value terms in 2012. In the context of intensive government spending, high liquidity, negative real interest rates and strong bank discounts, the effective annual inflation rate continues to accelerate. There are rising inflation expectations as INDEC, the national institute of statistics, estimated the local consumer price index to have increased by...
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