Recently Released Market Study: Venezuela Consumer Electronics Report Q3 2013
BMI forecasts that the Venezuelan consumer electronics market will grow by around 4% in 2012, but the February 2013 devaluation of the bolivar will constrain consumer purchasing power and BMI projects a lower rate of growth over our five-year forecast period 2013-2017. The country's consumer credit binge of the past five years has now ended and political uncertainty, following Nicolas Maduro's narrow victory in the April 14 Venezuelan presidential election, clouds the market outlook. The Canaima Educativo notebooks for schools...
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