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22 Feb
12:41

Construction growth moderates, auto bottlenecks continue: Fitch Solutions

Global construction industry growth will moderate in 2022 as base effects normalise, but will average annually at 3.4% in the coming years, above pre-Covid growth, thanks to support from government stimulus measures, according to Fitch Solutions. There will however be increasing divergence between developed and emerging markets, with the latter being less able to pump funds into infrastructure investment. Most central banks in developed markets will not hike rates…
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