The National Index of Civil Construction (Sinapi) rose 1.82% in November, standing 0.11 percentage points above the rate of October (1.71%) and registering the highest index of 2020. The cumulative figure in the last twelve months is 8.30%, a result well above the 6.48% recorded by the preceding twelve months. In the year, the cumulative index was 8.06%. In November 2019, the index was 0.11%.

The national cost of construction, per square meter, which in October closed at R$ 1,229.72, in November increased to R$1,252.10, of which R$ 687.02  is related to materials and R$ 565.08 to workforce.

The share of materials, with a significant increase once again, grew 3.15%, a rate close to that observed in the previous month (3.17%). Compared to the index of November 2019 (0.17%), the change in the share of materials increased by 2.98 percentage points.

The workforce share, in turn, with three rises, registered an increase of 0.25%, growing 0.21 percentage points in relation to the previous month (0.04%) and 0.20 percentage points if compared to the rate of November 2019 (0.05%).

The cumulative indexes from January to November 2020 are 13.43% (materials) and 2.15% (workforce), whereasthe cumulative indexes in the last twelve months were 13.28% (materials) and 2.75% (workforce).

South Region registers highest monthly change

The South Region had the highest regional change in November (2.23%), due to the significant increase in the share of materials in all states and increase in the share of workforce in Rio Grande do Sul. The other regions presented the following results: 1.90% (North), 1.93% (Northeast), 1.59% (Southeast) and 1.79% (Central-West).

The regional costs, per square meter, were: R$ 1,266.21 (North); R$ 1,173.31 (Northeast); R$ 1,295.73 (Southeast); R$ 1,305.70 (South) and R$ 1,243.97 (Central-Wset).

Goiás was the state that presented the greatest monthly change (3.34%), due to the increase in the share of materials and the in workforce.

SINAPI, created in 1969, aims at producing cost and index information systematically for the whole country, in order to support the preparation and evaluation of budgets and cost monitoring.