The National Civil Construction Index (Sinapi) rose 0.99% in March, an increase of 0.43 percentage point (pp) in relation to February. The accumulated for the first quarter of 2022 was 2.29%. Sinapi was released today (8) by the Brazilian Institute of Geography and Statistics (IBGE).
In the last twelve months, the increase in the indicator was 15.75%, a result below the 16.28% registered in the immediately previous twelve months. In March last year, the index stood at 1.45%.
The national cost of construction, per square meter, was R$1,549.07 in March, R$927.28 of which related to materials and R$621.79 to labor. In February, the value had closed at R$ 1,533.96.
“One of the highlights this month is the variation in the share of materials, which has been decelerating throughout 2022 and registers the smallest variation since July 2020”, said, in a note, the manager of Sinapi, Augusto Oliveira.
In March, the share of materials changed by 0.48%, down 0.29 pp from the previous month (0.77%). “This is the lowest rate observed since July 2020. In comparison with March 2021 (2.2%), there was a significant drop of 1.72 percentage points”, added the manager.
On the other hand, what pushed the index up in March was the share of labor. With an increase of 1.75%, the index was 1.52 pp above February (0.23%) and 1.28 pp above March 2021 (0.47%). “This increase is a result of readjustments captured in a portion of the categories and collective agreements that are being practiced”, said the researcher
regional clipping
Mato Grosso was the federation unit with the highest increase in the state, 4.14%, followed by Minas Gerais, with 3.84%. “The two biggest increases among the states were due, precisely, to the highs in the professional categories”, said the manager.
“In regional terms, the biggest increase was in the Center-West (1.69%), with an increase observed in the share of materials in all states, and readjustments in Mato Grosso and Goiás. The other regions showed the following results: 0.96% (North), 0.82% (Northeast), 1.14% (Southeast), and 0.40% (South)”, informed the IBGE.
In terms of regional costs (per square meter), the South has the most expensive price (R$ 1,614.83), followed by the Southeast (R$ 1,606.30), North (R$ 1,551.07), Central-West (R$ 1,551.07). BRL 1,548.88) and Northeast (BRL 1,453.09).
