"Argentina Infrastructure Report Q1 2013" Now Available at Fast Market Research
BMI View: The anticipated slowdown in Argentina's construction sector is taking hold at a more rapid pace than expected; consequently, we have downgraded our estimate for 2012 industry growth to just 0.15% (from a previous 2.8%). Leading indicators show a contraction in building permits as the industry runs out of steam under the pressure of heavy inflation, import restrictions, a funding squeeze and a slowing macro picture. There is potential for a pick up from H213 if Argentina is capable...
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