Brazil construction materials sector revenue forecast revised to decline for 2026

Abramat revised its 2026 revenue forecast for Brazil's construction materials industry from +0.5% growth to -0.8% decline, marking a second consecutive annual contraction after -1.2% in 2025. January-September revenue is down 2.5%, with a projected easing in H2 but no reversal. This signals persistent weakness in Brazilian construction and broader economic activity.