Thursday, 21 February 2013

Argentina Freight Transport Market Report Q2 2013

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Argentina Freight Transport Report Q2 2013
Feb 20th 2013, 00:00

BMI maintains its cautiously optimistic view on the Argentine freight transport sector. The country enjoys agood commodities mix, but it continues to struggle with external headwinds as well as internal difficultiesin the form of rising inflation and labour unrest. We forecast Argentine real GDP growth will slow to 0.9%in 2013 on the back of a poor business environment, weakening domestic demand, and high inflation - theresult of a large currency devaluation. We see the potential for a more sound policy course and base effectsto result in growth trending upward from 2014-2017.Headline Industry Data? Total volume at the Port of Buenos Aires is set to increase by 5...

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