Feb 11 β€’ 21:47 UTC πŸ‡§πŸ‡· Brazil Folha (PT)

Construction industry expects to grow 2% in 2026 with interest rate cuts and increased credit

The Brazilian construction industry is projected to grow by 2% in 2026 due to anticipated interest rate reductions and increased credit availability.

The Brazilian construction industry is optimistic about a projected 2% growth in 2026, breaking a trend of deceleration noted in 2025, attributed to double-digit interest rates. If this growth materializes, it would mark the third consecutive year of expansion for the sector, albeit at a slower pace compared to 2024. Factors contributing to this positive outlook include expected reductions in interest rates, a record budget for housing funded by the FGTS (Fundo de Garantia do Tempo de ServiΓ§o), the introduction of a new financing model for middle-class home buyers, and further investments in the 'Minha Casa, Minha Vida' program, which aims to provide affordable housing.

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