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The construction industry in Latin America grew by an average of 2.4 per cent year on year in the third quarter of 2014, signaling a cooling of the sector when compared with the 5.9 per cent year on year growth posted in the same period in 2013, according to Latin Trade’s most recent Construction Index The trend was driven by changing dynamics in countries such as Panama and Colombia, where the activity remained strong, but lost momentum. In Panama, the index rose by 16 per cent in the third quarter, a healthy rate and the highest in the region, although […]
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