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Argentina Consumer Electronics Q4 2018

Argentina Consumer Electronics Q4 2018

Key View:

The currency crisis in Argentina intensified in August 2018 to the extent it required an emergency interest rate rise,resulting in a downgraded outlook for consumer electronics device spending as the affordability of imports - and devices assembledfrom imported components - deteriorated. The potential for vendors to benefit form a rebound will be constrained by a subduedrecovery in purchasing power and there is downside risk that the economic crisis could permanently damage the liberalisationreform agenda of the Macri government.

Key View
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