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Housing supply surge outpaces demand as buyer interest wanes
FDLO·1 day ago
Brazilian cement sales dropped 5.7% year-on-year in September to 5.7 million tons, with per-working-day sales down 1.6%. The third quarter was nearly flat (-0.4%) versus 2025, attributed to fewer working days and constant rains hindering construction. This signals softness in construction activity, a key economic indicator.