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Northeast registers the highest rise in Construction prices in February

Section: Economic Statistics | João Neto | Design: Helga Szpiz

March 09, 2018 09h00 AM | Last Updated: March 09, 2018 09h55 AM

Released today by the IBGE, the National Index of Civil Construction - Sinapi registered the highest change in the Northeast (0.44%) in February, compared with the previous month. The North Region, on its turn, recorded the lowest change in the month: 0.17%.

#praCegoVer Gráfico da construção civil, comparando a variação do Nordeste, do Brasil e outras regiões

In Brazil, the index changed 0.30%, slightly more than in January, when it stayed at 0.27%. This result also surpassed the change in February 2017, when the index was 0.19%.

Augusto Oliveira, manager of the survey, granted the result in the Northeast to the collective agreement in Piauí, which posted the highest rate among the states: 1.63%.

"The pressure exerted by the salary adjustment in this state contributed to the regional figure, since labor force represented, today, 40% of the cost of civil construction in Brazil", explains Augusto.

Having registered R$1,069.61 in January, the national cost of construction per square meter rose to R$1,072.87, being R$550.66 relative to materials and R$522.21 to labor force, representing changes of 0.54% and 0.06%, respectively.



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