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Friday 13 September 2013

Argentina Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Argentina Shipping Report Q4 2013
Sep 11th 2013, 00:00, by rnrmahesh

BMI maintains its cautiously optimistic view on the Argentine port 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 exports drag on real GDP growth. We expect real GDP growth to accelerate to 2.9% next year on the back of …

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