New Market Study Published: Panama Freight Transport Report Q4 2013
After a robust double digit expansion of 10.7% in 2012, we forecast 7.8% real GDP growth in 2013 and 7.0% in 2014, due to slowdowns in the commercial and transportation sectors in the face of weaker Venezuelan and Colombian re-export activity. Panama's economic activity index readings have thus far reflected our view, averaging 6.8% year-on-year (y-o-y) through the first five months of 2013.
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