Market Report, "Peru Freight Transport Report Q4 2012", Published
BMI maintains its broadly positive view on Peru's freight transport sector. We believe Peru's strong domestic demand story will continue in 2012, although an anticipated drag from net exports means we stick to our below consensus 4.8% real GDP growth forecast. We caution however, that significant external risks to the economy means we cannot rule out a more pronounced slowdown in growth on the back of weaker global demand for the country's minerals and moderating global commodity prices. The expected...
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