Recently Released Market Study: Chile Shipping Report Q3 2012
BMI maintains its broadly positive outlook on the Chilean shipping and port sector for Q312. We caution, however, that volume growth is expected to slow somewhat in line with our view that the Chilean economy's robust economic growth is likely to continue cooling in the coming quarters. We believe that declining exports, combined with a moderation of private consumption and gross fixed investment, will weigh on Chile's headline growth in 2012. Given the strength of the authorities' growth-supporting policy arsenal,...
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