Market Report, "Venezuela Consumer Electronics Report Q3 2012", Published
BMI expects the Venezuelan consumer electronics market to grow by around 7% in 2012, but the precarious economic environment will inhibit IT investment. PC market growth has held up relatively well but has lagged other countries. Businesses remain cautious while consumers face inflationary pressures and the resulting erosion of real wages. The threat of further currency devaluation is real, although this would most likely not be until after elections scheduled for 2012. However, there remain areas of opportunity, with continued...
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