Argentina Information Technology Q2 2018
The Argentine IT market emerged from the economic crisis in 2016 and returned to US dollar growth in 2017, but weexpect only moderate growth over the medium term because of further depreciation envisaged by our Country Risk team. Thereare however, positive underlying trends that will sustain local currency growth including investments in software and servicesthrough modernisation initiatives at firms increasingly exposed to international markets. The main downside risks are external,namely deteriorating economic performance in major trade partners.
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