Brazilian GDP grew by 1.4% in the 1st quarter of 2025, driven by agribusiness, the labor market, and increased income but the outlook for 2025 points to a gradual slowdown, with more modest growth projected for 2026 (1.6%). Inflation is expected to continue falling, though likely to remain above the target.
Despite a slight slowdown in the manufacturing and retail sectors, the market for industrial and logistics warehouses remain strong in the second quarter across the entire country, with robust amounts of new inventory and demand indicators.
Download Sao Paulo Industrial Market Report Q2 2025