Market Report, "Argentina Business Forecast Report Q3 2013", Published
We continue to expect that Argentine real GDP growth will bottom in 2013, forecasting 1.8% growth this year after 1.9% growth last year, as a currency devaluation, which we expect to occur in H213, sends inflation higher, and net exports drag on real GDP growth. We expect real GDP growth to accelerate to 2.9% next year on the back of a rebound in private consumption and less of a drag from net exports.
View full press release