Sinapi
With a higher rise in North Region, average cost of civil construction increases 0.14%
November 10, 2023 09h00 AM | Last Updated: November 10, 2023 04h56 PM
Released this Friday (10), the National Index of Civil Construction (Sinapi) changed 0.14% in October, which represented an increase of 0.12% in relation to September (0.02%). In the last 12 months, the index accumulates a rise of 2.44%, below the rate of 2.68% recorded in the 12 immediately previous months. In October 2022, the index had been 0.38%.
The national cost of construction, per square meter, which in September had been R$1,713.87, changed to R$1,716.30 in October, with R$998.35 relative to material and R$717.95, to workforce.
The parcel of material remained virtually stable, with a a rate of 0.02%, rising 0.24 percentage points in relation to the September´s rate (-0.22%). Considering the index in October 2022 (0.04%), it dropped 0.02 percentage points. Meanwhile, the share relative to workforce, with a rate of 0.31%, fell 0.05 percentage points in relation to the September´s index (0.36%). It fell 0.57 percentage points (0.88%) in relation to October 2022.
In the first ten months of 2022, the cumulative indexes were -0.29% (material) and 5.88% (workforce). In the last 12 months. the cumulative indexes stayed at -0.21% (material) and 6.34% (workforce).
North Region registers highest monthly change in October
Having the share of material increased in four out of its seven states and collective work agreements in Roraima and Pará, the North Region recorded the highest regional change for the second time in a row (0.78%). The remaining Major Regions recorded the following results: 0.18% (Northeast), 0.03% (Southeast), 0.11% (South) and -0.06% (Central-West). “The influence of adjustments in the professional categories contributed to the North Region to lead the regions,” highlighted Augusto Oliveira, SINAPI´s manager.
Rio Grande do Norte rises 1.60%, the highest rate among states
“With a rise in both parcels, material and workforce, Rio Grande do Norte registered the highest change among the states in October: 1.60%. Followed by Pará and Roraima, with 1.36% and 1.18%, respectively,” stated Augusto Oliveira.
More about SINAPI
The National System of Costs Survey and Indexes of Construction – SINAPI, a joint production of IBGE and Caixa Econômica Federal – Caixa, aims at producing monthly series of costs for the housing sector, and monthly series of median wages for workforce and median prices for materials, construction machinery and equipment and services for the basic sanitation, infrastructure and housing sectors.
SINAPI statistics are fundamental in investment programming, especially for the public sector. Prices and costs support the preparation, analysis and assessment of budgets, while indices enable the updating of expense values in contracts and budgets.
Check the data of the National System of Survey of Costs and Civil Construction on Sidra. The next release of Sinapi, related to November, will be on December 12.
