Argentina Freight Transport Report Q4 2013 - New Market Report
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 continue to expect that Argentine real GDP growth will bottom in 2013, forecasting 1.8% growth this year after 1.9% growth last year, as a currency devaluation, which we expect to occur in H213, sends inflation higher, and net...
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