Price: $ 1295
Our view on Central America remains broadly in line with previous quarters. For one, we see Central America as a region remaining heavily dependent on the performance of developed-state economies, particularly the US, which remains a major source of remittance flows and export demand. Moreover, drug-related violence and high levels of insecurity will remain a major concern for most of the region. Finally, the region's economic trajectory - and, thus, consumer spending - remains highly divergent between individual countries, with El Salvador and Guatemala, in particular, expected to struggle, unlike Panama. Headline Industry Data (regional averages) ? 2013 per capita food consumption (US$) = +4.49%; forecast compound annual growth rate (CAGR) to 2017 = +4.57%. ? 2013 alcoholic dri ...
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