Recently published research from Business Monitor International, "Argentina Retail Report Q1 2013", is now available at Fast Market Research

Boston, MA -- (SBWire) -- 02/18/2013 --The Argentine Retail Report examines the long-term potential of the local consumer market, but flags short-term concerns about the impact on Argentina's economic outlook of the prospect of a sizeable currency devaluation in 2013.

The report examines how best to maximise returns in the Argentine retail market while minimising investment risk, and also explores the impact of deteriorating relations between Argentina and its key trade partners on the Argentine consumer and on the ability of producers and exporters to realise returns in the short term.

The report also analyses the growth and risk management strategies being employed by the leading players in the Argentine retail sector, as they seek to maximise the growth opportunities offered by the local market.

Argentine per-capita consumer spending is forecast to increase by 21% between 2013 and 2016, compared with a regional growth average of 17%. The country comes last in BMI's Latin American Retail Risk/Reward Ratings, although it performs slightly better for Risk.

View Full Report Details and Table of Contents

Among all retail categories, consumer electronics will be the outperformer through to 2016 in growth terms, with sales forecast to increase by 18% between 2013 and 2016 - from US$6.14bn to US$7.25bn. PC penetration is fairly low at about 25%, and this is expected to climb to more than 30% by 2016, creating opportunities for vendors.

The Conectar Igualdad programme to provide 3mn PCs to public schools nationwide should provide opportunities for manufacturers and retailers alike.

Over the last quarter, BMI has revised the following forecasts and views:

- BMI has revised down its 2012 real GDP growth estimate from 4.0% to 2.8%. Additionally, we now believe that persistent economic imbalances in the Argentine economy will lead to a sharp reduction in economic growth and a significant devaluation of the peso in 2013. We are revising down our 2013 real GDP growth forecast from 3.7% to 0.9%, after which point we believe the effects of a 25% devaluation in 2013 will pave the way for stronger growth for the remainder of the decade.
- BMI has revised down its 2012 private consumption growth forecast from 4.0% to 3.5%. We see the impact of a currency devaluation hitting real private consumption growth particularly hard in 2013. We forecast that consumer price inflation will average 25% in 2013, and unemployment will end the year at 8.5%, which will see private consumption growth remain flat in real terms.
- Latest data show that retail sales in Argentina rose by more than expected in September 2012, to a seasonally adjusted 27.5%, from a revised 31.9% in August. Analysts had expected a September increase of 24.2%.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Retailing research reports at Fast Market Research

You may also be interested in these related reports:

- Bulgaria Retail Report Q1 2013
- Indonesia Retail Report Q1 2013
- BMI India Retail Report Q1 2013
- China Retail Report Q1 2013
- Hong Kong Retail Report Q1 2013
- Peru Retail Report Q1 2013
- Venezuela Retail Report Q1 2013
- Philippines Retail Report Q1 2013
- Chile Retail Report Q1 2013
- Singapore Retail Report Q1 2013