Venezuela Shipping Report Q3 2014 is a new market research publication announced by Reportstack. Thegrowth in Venezuela will be lacklustre in 2014, as high inflation suppresses household purchasing power, a poor business environment constrains private sector investment, and stagnant oil production caps growth in net exports. We are forecasting growth of just 1.2% in 2014, above our 2013 estimate of 0.8%, but well below Venezuela's average over the past decade of 5.8%. It also believes that Venezuela's current account surplus will continue to deteriorate over the course of 2014, thanks to stagnant export revenues and a structural limit on the scope of further import declines, despite depreciatory policies recently adopted by the government, which have seen the bolívar sharply fall in value and made foreign goods more expensive in local currency terms.
To view the table of contents and know more details please visit Venezuela Shipping Report Q3 2014.
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