Argentina Insurance Q1 2019
The Argentinian economy will continue to face a number of structural macroeconomic challenges in 2019 asinflationary pressures and severe currency volatility will continue to dampen true growth metrics. Negative real GDP growth alongwith weak public finances were a drain on the economy in FY18 and we expect the outlook to improve modestly in 2019/20 as theeconomy begins to stabilise. The enterprise and consumer sentiment will remain weak this year but over the medium-term, weexpect rising spending powers and improved confidence levels to support an uptick in the insurance industry.
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