Thursday, 21 February 2013

Brazil Infrastructure Market Report Q2 2013

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Brazil Infrastructure Report Q2 2013
Feb 20th 2013, 00:00

BMI View: Our core view is for Brazilian construction sector growth to peak in 2013 and 2014, at 5.7%and 5.9% year-on-year respectively. Beyond 2015, we expect growth to revert to below-trend and belowpotential for the remainder of our forecast period, averaging just 4.6% between 2015 and 2022.Brazil''s construction sector is expected to post the strongest growth over our 10-year forecast period in thenear term, with growth expected to peak in 2013 and 2014, following two years of below-trend weakgrowth (2011/12). However, we believe this rebound in growth is only temporary, and from 2015 until theend of our forecast period in 2022, expect growth to return to below tr...

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