Recently Released Market Study: Chile Freight Transport Report Q4 2012
BMI maintains its broadly positive outlook of the Chilean freight transport sector for Q412. We caution, however, that volume growth is expected to slow, in line with our view that the Chilean economy's robust economic growth is likely to continue cooling in the coming quarters. We believe that declining exports, combined with a moderation of private consumption and gross fixed investment, will weigh on Chile's headline growth in 2012 and put pressure on the country's freight volumes. While we expect...
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