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January 27, 2023
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National Civil Construction Cost Index advances 0.32% in January

Construction industry has best February in ten years

The National Civil Construction Cost Index – Market (INCC-M) rose 0.32% in January. The percentage is slightly above that registered in the previous month, when it was 0.27%. In the 12 months, the indicator accumulates an increase of 9.05%. In January 2022, the index registered 0.64% in the month and had accumulated an increase of 13.70% in 12 months. The numbers were disclosed today (26) by the Brazilian Institute of Economics of the Getulio Vargas Foundation (Ibre /FGV). The indicator is searched between the 21st of the previous month and the 20th of the reference month.National Civil Construction Cost Index advances 0.32% in January

Materials, equipment and services

The rate of materials, equipment and services dropped from 0.38% in December to a drop of 0.12% in the first month of the year. In this group, after the increase of 0.37% registered in December, the rate corresponding to materials and equipment decreased by 0.26% in January. “Three of the four component subgroups showed a decrease in their variation rates, with emphasis on materials for structure, whose rate changed from 0.62% to -0.55%”, he informed.

services

The change related to services increased from 0.43% in December to 0.53% in January. In this group, the highlight is the evolution of the service and licensing fees item, which changed from 0% to 2.40%.

Labor

Another advance occurred in the rate related to the labor index. After registering 0.16% in December, it rose 0.77% in January.

Capitals

Among the state capitals, two registered an increase in their rates of change: Salvador and Belo Horizonte. In contrast, there was a retreat in Brasília, Recife, Rio de Janeiro, Porto Alegre and São Paulo.

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