"Venezuela Shipping Report Q3 2014" Now Available at Fast Market Research
We maintain our view that growth in Venezuela will be lacklustre in 2014, as high inflation suppresses household purchasing power, a poor business environment constrains private sector investment, and stagnant oil production caps growth in net exports. We are forecasting growth of just 1.2% in 2014, above our 2013 estimate of 0.8%, but well below Venezuela's average over the past decade of 5.8%.
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