Market Report, "Home Furnishings in Argentina", Published
Home furnishings continues to be negatively impacted by the local inflationary context and policies aimed at reducing demand for foreign exchange. Both demand and supply have been impacted reducing category activity. After the imposition of imports barriers in 2012, many international brands experienced large product shortages, with local players not being able to fully substitute imported products. On the other hand, the regulation banning foreign exchange purchases for individuals imposed in 2012 and further strengthened in 2013, severely impacted construction...
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