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Brazil: Construction industry has best February in ten years

RIO DE JANEIRO, BRAZIL - The construction industry recorded the best February in ten years, reported the National Confederation of Industry (CNI) on March 21. Last month, the sector's activity indicator stood at 48.2 points, the highest level since 2012, when it was at 49.4 points.

Despite the improvement, the indicator remained below the 50-point line, which indicates a drop in activity. According to CNI, the reduction in activity is typical for the period . . .

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