The National Index of Construction (Sinapi), calculated by IBGE in partnership with Caixa Econômica Federal, increased by 0.81% in November, decelerating ...

The National Index of Construction (Sinapi), calculated by IBGE in partnership with Caixa Econômica Federal, increased by 0.81% in November, decelerating by 0.14 percentage points in relation to October (0.95%).  This was the lowest result since May, when the rate was 1.87%.  The index accumulated in the year was 11.05%, and the index accumulated in the last twelve months was 11.89%.

In relation to the result of November 2007 (0.48%), there was increase of 0.33 percentage points.  The index accumulated from January to November of this year (11.05%) also recorded a value above the one recorded in the same period of the previous year (5.28%).  In the last twelve months, the result of 11.89% was higher than the value of 11.52% registered in the twelve immediately previous months.

The national cost per square meter changed from R$ 667.21 (October) to R$ 672.62 (November), with R$ 393.20 relative to expenses with material and R$ 279.42 with labor force.

The component material (1.05%) had deceleration of 0.43 percentage points in relation to October (1.48%).  On the other hand, labor force, influenced by wage readjustments in some states, increased by 0.25 percentage points, recording a value of 0.47% compared to 0.22% of October.   

In the year, material increased by 13.08%, considerably above the result of the same period of the previous year (4.59%).  The part of cost referent to labor force increased by 8.31% until November, also showing acceleration, although more moderately, in comparison to the result of 6.22% in 2007.

In the last twelve months the hike of material reached 13.79%, considerably above the result of the twelve immediately previous months (13.12%).  The result of the last twelve months of labor force (9.32%) was very close to the result of the immediately previous twelve months (9.36%).

North and Northeast Regions stood out in November

The Northeast and the North with 1.37% and 0.96%, respectively, stood out among the other regions, with the higher hikes.  Also above the national average (0.81%) was the Central West Region (0.87%), and with a result below it, the South (0.56%) and the Southeast (0.53%). 

The North Region had the highest accumulated results in the year (12.76%) and in the last twelve months (13.73%).  The lowest accumulated indexes in these periods were in the Northeast Region (10.69% and 11.22%, respectively).  The regional costs by square meter were: R$ 710.88 (Southeast); R$ 671.49 (North); R$ 663.55 (South); R$ 645.84 (Central West) and R$ 629.73 (Northeast).

Pernambuco registered the most pronounced hike among the states

In November, Pernambuco had the highest change in the monthly index (4.38%), due to wage readjustments.  Due to the same reason, stood out Roraima (3.24%) and Rio Grande do Norte (3.21%). Rondônia had the highest results accumulated: in the year (14.74%) and in the last twelve months (15.81%).

These results are calculated monthly by IBGE in partnership with Caixa Econômica Federal, based on the SINAPI – National System of Costs Survey and Indexes of Construction.  Established in 1969, the SINAPI produces information, with national coverage, of costs and indexes in a systemized way, elaborating budgets and monitoring costs. 

In 2002, the National Congress approved by the Budget Guidelines Law (LDO) the adoption of the SINAPI as the reference for the range of costs of the public constructions.