# The FNB/ Bureau for Economic Research Building Confidence Index shows that South Africa’s construction sector has become more pessimistic in the second quarter of 2026, falling to 38 from 42 in the previous quarter. The bank’s economist Siphamandla Mkhwanazi says the decline is linked to weaker building activity, lower profitability and rising costs, partly driven by global uncertainty linked to the conflict in the Middle East:
FNB economist links construction slump to higher input costs [SOUND]
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