Sinapi
Construction prices change 0.26% in December, year closes with rise of 2.55%
January 11, 2024 09h00 AM | Last Updated: January 11, 2024 02h21 PM
Released today (11) by the IBGE, the National Index of Civil Construction (Sinapi) changed 0.26% in December, a rise of 0.18 percentage points (pp) in relation to November (0.08%). Therefore, the year closed with a rise of 2.55%, a drop of 8.35 percentage points in relation to the rate accumulated in 2022. In December 2022, the index had been 0.08%.
“It is the lowest rate since 2014 in the comparison of the time series with exemption of the payroll,” highlights Augusto Oliveira, Sinapi´s manager.
The national cost of construction, per square meter, which closed at R$1,717.11 in November, changed to R$1,722.19 in December, being R$1,001.89 relative to material and R$720.30, to workforce.
The parcel of material changed 0.27%, rising 0.19 percentage points in relation to November and registering the second highest rate of this category in the year, standing behind only to April (0.42%). Considering the index in December 2022 (0.07%), it increased 0.20 percentage points.
“In the year, the cumulative index of the parcel of material stayed at 0.06%, also recording the lowest rate since 2014,” analyzes Oliveira.
Having registered 0.24% and adjustments in two states, workforce also rose, increasing 0.16 percentage points in relation both to the previous month (0.08%) and to December 2022 (0.08%).
“We closed 2023 with results that point out a smaller influence of the parcel of material and a bigger share of the parcel of workforce, though within normal terms. Unlike the years of 2020, 2021 and 2022,” highlighted Sinapi´s manager.
With adjustments in professional categories, Piauí has the highest change
With adjustments in professional categories, Piauí was the state that recorded the highest rate in December (2.52%). In the cumulative index in the year, Amazonas was the state with the highest rate (6.80%).
The Central-West Region registered the highest rise in December. Influenced by adjustments in the professional categories in Mato Grosso, it recorded the highest monthly regional change (0.90%). The remaining Major Regions recorded the following results: 0.31% (North), 0.21% (Northeast), 0.14% (Southeast) and 0.25% (South).
South Region recorded the highest cumulative result for 2023
The South Region registered the highest cumulative figure in 2023 (4.58%). The remaining Major Regions recorded the following results: 4.40% (North), 2.48% (Northeast), 1.86% (Central-West) and 1.68% (Southeast).
The Central-West Region recorded the biggest drop in the cumulative index in 2023 (12.74%). The remaining Major Regions recorded the following results: -8.65% (Southeast), -8.30% (North), -7.54% (Northeast) and -5.90% (South).
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 January, will be on February 8, 2024.
