Growth To Hit 6.0% in 2011

BMI View: Argentina is set for another year of strong growth in 2011, and we are revising up our real GDP growth forecast to 6.0% y-o-y from 4.6% previously, led by a positive outlook for the consumer and positive global demand dynamics. Ultimately, however, this growth is unsustainable, and the country is set for a hard landing when its deep macroeconomic imbalances are unwound.

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