Report Published: "Argentina Retail Report Q4 2014"
We expect household spending on the retail sector in Argentina to experience moderate growth over the forecast period to 2018. However, investor pessimism following the country's July 2014 technical default is dampening interest in the market and a significant proportion of the population is still below the poverty line. However, the number of households falling into the middle-income bracket of USD10,000-plus is set to rise steadily, and almost the entire population is situated in urban areas, maximising opportunities for retailers.
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