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Latin America Struggles to Hold Market Gains

As regional growth slows to 4.2 percent and raw material costs rise, ink executives anticipate mixed results for the coming year.

By: Charles Thurston

Ink World Correspondent

The Latin American ink market is struggling to hold on to the gains registered in 2004, when the regional economy expanded by a robust 5.5 percent and ink sales expanded by an estimated 6 percent to 7 percent. This year, with regional economic growth decelerating to approximately 4.2 percent, with oil-driven cost increases and with ongoing foreign exchange variations around the hemisphere, industry executives caution against projecting an overall growth prediction and are reluctant to place a ...

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