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A very bad month of November 2023 for the Building sector and a year 2024 which promises to be complicated

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Conjuncture
Par Bat info source: UNICEM via La Villa Group
Illustrative image © Depositphotos.com

For almost two years now, the production volumes of construction materials have been gradually contracting in connection with the real estate crisis which is weighing on construction activity. With work in stock or in progress gradually coming to an end, the contraction in building permits recorded in recent months is now drying up housing starts, pushing BPE and aggregates activity to new lows.