New Market Research Report: Argentina Infrastructure Report Q3 2013
Our previously held view that Argentina's construction sector will decelerate rapidly is playing out, with a contraction of 1.9% estimated for 2012. We have downgraded our outlook for 2013, to reflect a further deepening of the contraction, to -2.6% year-on-year (y-o-y). We believe the recession will last until 2014, when a contraction of 0.2% is anticipated.
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