New Market Report Now Available: Argentina Business Forecast Report Q2 2014
We have revised up our 2013 real GDP growth estimate for Argentina from 3.2% to 4.9%, as base effects saw stronger economic activity than we initially anticipated, but we maintain our view for a slowdown in 2014. The January 23 currency devaluation and subsequent collapse in consumer sentiment underpin our view that real growth this year will slow to 2.2%, with risks to the downside.
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