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Argentina : Office Market Report - Q2 2013

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Argentina : Office Market Report - Q2 2013

Within a context of moderate growth and sustained inflation, the evolution of the economy in Argentina will continue to be linked to Brazil's economic recovery and the high prices of commodities as sources of national economy growth. However, it is worth pointing out that the prices of commodities are expected to decline, based on the estimations that Brazil will register a record harvest, which would have a negative impact on the collection of agricultural taxes withholdingand consequently on our balance of trade.

On the other hand, the international economic context is notshowing symptoms of recovery, and it continues to be affected by the deep European crisis, in spite of the moderate improvement shown by US indicators.

Source : Cushman & Wakefield

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