Thursday, 17 October 2013

Venezuela Agribusiness Report Q4 2013

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Venezuela Agribusiness Report Q4 2013
Oct 16th 2013, 00:00

Price: $ 1295  

BMI View: The victory of Nicolás Maduro of the ruling Partido Socialista Unido de Venezuela in April will most probably ensure the continuity of many of the interventionist policies of Chávez's era. Price fixing in particular continues to be a source of woe for producers unable to meet input costs which are soaring in line with some of the highest rates of inflation in the world. Some respite has arrived in the form of a 20% rise in the government-fixed price of food items including beef, chicken and dairy products, but even this will fall short of the rate of inflation which is expected to increase 30% year-on-year in 2013. Inflation is also contributing to the diminishing purchasing power of Venezuelan households while foreign currency shortages after a pre-election spending boom are causing sho ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/285060.html

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