"Argentina Freight Transport Report Q3 2013" Published
BMI maintains its cautiously optimistic view on the Argentine freight transport sector. The country enjoys a good commodities mix, but it continues to struggle with external headwinds as well as internal difficulties in the form of rising inflation and labour unrest. We forecast Argentine real GDP growth will slow to 0.9% in 2013 on the back of a poor business environment, weakening domestic demand, and high inflation - the result of a large currency devaluation. We see the potential for...
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