Chilean sales of consumer electronics devices are forecast to grow 7% in 2013, with many of the trends that drove stronger consumer electronics spending in H212 expected to continue in 2013. In 2012, we estimate real private consumption growth fell from 8.8% the previous year to 6.2%, and expect this trend to continue, but consumer electronics devices like tablets and smartphones should remain relatively buoyant. Banks are increasingly willing to extend credit and the unemployment rate remains low, contributing to our overall growth outlook for spending on consumer electronics devices such as PCs, flat-panel TV sets and smartphones A significant …
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