South American Real Estate News
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Construction activity in Brazil in early 2022 reached the highest levels since 2012

Brazil’s business confidence indicator (ICEI) in the construction industry also improved in the first five months of 2022. The Brazilian construction industry continued to perform on a positive note in April 2022, as is evident in newly released data showing that the construction activity and average employment level in the first four months of 2022 reached the highest levels since 2012. Moreover, the construction industry’s value add remained strong in the first quarter of 2022 and posted a growth…
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