BMI View: BMI expects Pakistan’s consumer electronics market will grow by around 9% in 2013. The trading environment looks favourable for faster growth in spending on AV items in 2013. Private consumption growth returned to a higher trajectory, with a growth rate of 11.6% achieved in FY2011/12. Encouragingly, private sector credit growth as also recovered from its recent trough, reaching an 18-month high of 4.1% year-on-year as of May 2013. This growth potential has also been affirmed by expanded investment plans by multinational consumer electronics market leaders such as LG. Despite this potential, the Pakistani consumer electronics market is constrained …
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