Market Report, "Large Cooking Appliances in Chile", Published
Large cooking appliances saw growth in volume and current value terms in 2013, with 3% and 4% increases, respectively. This increase was an upbeat from the stagnant growth of 2012 but still far from the dynamic growth seen in 2010 and 2011 amid economic recovery after the earthquake. Factors for the growth in 2013 were easier access to credit from retailers and higher consumer disposable incomes, and therefore more confidence in the Chilean economy to take mid-term credits in order...
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