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Friday 20 September 2013

Chile Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Chile Freight Transport Report Q4 2013
Sep 18th 2013, 00:00, by swapnil

BMI maintains a cautious outlook on Chile’s freight transport sector. We continue to expect that 2013 will see a shift in the Chilean economy, and we forecast real GDP growth to fall from 5.6% in 2012 to just 4.3% this year and average 4.2% from 2014-2017, below consensus estimates. This slowdown in growth is attributable to decelerating economic activity in China, which over the next several years will result in weakening real demand for Chilean copper exports and reduced investment into the country’s mining sector, which have the effect of depressing road, rail and maritime dry bulk freight volumes. Much …

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