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Market Latin America

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BRAZILIAN RETAIL SALES TO REBOUND.(Brief Article)
Brazilian retail sales showed year-on-year losses into the third quarter of this year, but an improving climate for household consumption should contribute to a rebound late in 2003, continuing . . .

COLOMBIA'S CONSUMPTION PANORAMA BRIGHTENS.
The grim consumption panorama that prevailed in Colombia during the 1990s has brightened considerably over the past year thanks to aggressive reforms and a tough anti-insurgency stance by the . . .

BRAZIL'S HARSH CONSUMPTION CLIMATE.
Punishingly high interest rates continue to undermine private sector demand for goods and services in Brazil. Interest rates should come down gradually as 2002 progresses, but not enough to . . .

CHILEAN DEMAND ON THE UPSWING.
Increased confidence among Chilean business leaders and consumers portends sustainable growth in private sector consumption through the remainder of 2003 and well into 2004. The first signs of . . .

DOUBLY PUNISHED DOMINICAN IMPORTS.(double-digit losses in sales)(Brief Article)
Sales of imported goods in the Dominican Republic have been doubly punished over the past year and the result will be double-digit losses in sales of imported high-end durables in 2003. During . . .

CONSTRUCTION LEADS PANAMA'S RECOVERY.
A rebound in Panamas construction sector this year portends a broader based rebound in private sector demand in 2004. Year-on-year growth in the overall value of construction projects topped out at . . .

COLOMBIANS REGAIN CONFIDENCE.(Brief Article)
Colombian consumers and business leaders have regained confidence this year and the resulting increase in high-end consumption is already in evidence. Car sales rose sharply starting in the fourth . . .

ARGENTINA'S SPOTTY SALES GAINS.
Argentine demand for industrial inputs and agricultural equipment is up sharply this year, but household consumption remains sluggish as consumers continue to struggle with the sharp downward . . .

CURRENCY FACTORS HIT VENEZUELAN DEMAND.(Brief Article)
Following the devastating nationwide strike earlier this year, the Chavez regime implemented draconian currency restrictions that made it very difficult for the nations industries to obtain foreign . . .

A SURGE IN MEXICAN STORE CREDIT.(Brief Article)
Formal lines of credit offered by Mexico are scarce even by Latin American standards, yet purchases using department store credit plans are on the rise. With inflation under control and interest . . .

PERUVIAN INDUSTRIAL EXPENDITURE ON THE RISE.
Export sales growth of over 20 percent year-on-year is pushing up Peruvian demand for industrial goods and services. The scope of demand is increasing as the industrial sector breaks away from its . . .

PARAGUAY'S INTERNAL SALES REMAIN LIFELESS.(export sales)
Faint signs of a recovery in Paraguayan export sales appeared during the first half of 2003 but it is unlikely that internal demand for goods and services will revive this year. From May of 2002 . . .

ARGENTINE CONSUMERS OUT OF HYBERNATION.
Sensing that the worst of Argentinas four-year recession is over, the nations retailers have engaged in aggressive discounting and promotional campaigns aimed at drawing consumers back into . . .

GROWTH POTENTIAL FOR MEXICAN E-PROCUREMENT.(in-bond manufacturing)(maquiladora)(Brief Article)
Development of the maquiladora (in-bond manufacturing) industry in the Mexican border region has contributed to an upsurge in demand for international e-procurement services over the past decade . . .

CHILEAN HOUSEHOLD APPLIANCE SALES REVIVE.(Brief Article)
After over three years of depressed sales, the second half of 2003 should bring a healthy rebound in demand for household appliances in Chile. By the second quarter of this year, Chiles . . .

COLOMBIA POISED FOR GROWTH IN DEMAND.(Brief Article)
The overall consumption panorama in Colombia is improving and private sector expenditure should rise more than 5 percent during 2003. However, the key to sustainable growth in private sector demand . . .

BOLIVIA UNABLE TO INSTILL CONFIDENCE.(investor and consumer confidence)(Brief Article)
The Bolivian government is fighting a losing battle to instill investor and consumer confidence in the nations economic viability. An important setback came in mid-April when Moodys Investors . . .

PANAMA'S LOW INVESTMENT HURTS SALES.(foreign direct investment)(Brief Article)
Panamanian foreign direct investment dropped off sharply during 2002 and, although there will be a minor rebound this year, the renewed flow of funds will not be sufficient to significantly boost . . .

CHILE POISED FOR SALES GROWTH.(Brief Article)
Chilean internal demand remains slack but low interest rates and gradual improvement in purchasing power will boost household expenditure during the second half of 2003. Early this year, the . . .

BRAZILIAN INDUSTRIAL EXPENDITURE TO RISE.(Brief Article)
Brazilian industrial expenditure will show broad-based growth as 2003 progresses thanks to increased export sales. Brazilian industry should experience double-digit export growth on average as . . .

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