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Private Consumption: the Engines that Drove the Recovery Are Running Out of Steam
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The slowdown in demand is hitting supermarkets, shopping malls, and durable goods manufacturers particularly hard, in a context of reduced credit, weakened incomes, and a greater reliance on imports. Jujuy al día ® – After the rebound that followed the end of the 2014 recession, private consumption is beginning to show signs of slowing down. [...] The entry Private Consumption: The Engines That Driven the Recovery Are Running Out of Power appear…
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