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Construction cost rises 0.32% in August, says FGV

08/28/2012

This article was translated by an automatic translation system, and was therefore not reviewed by people.


 


According to the INCC-M, the variation is 0.53 percentage point lower than July, when it was at 0.85%
 
SAO PAULO - The Brazilian spent 0.32% more to build in August, according to the INCC-M (National Index of Construction) FGV (Getulio Vargas Foundation), announced on Tuesday (28).

The variation is 0.53 percentage points lower than that recorded in July, when it was at 0.85%. So far this year, the INCC-M, which is calculated based on prices collected from 21 the previous month and 20 of current month, ranges from 6.21%, while in 12 months is 7.48%.

Groups
The group Materials, Equipment and Services index increased by 0.36% this month, less than the result determined in July from 0.63%. Subgroups, Materials and Equipment decreased, going from 0.68% in July to 0.37% in the eighth month of the year. Services already changed by 0.32% compared to 0.44% recorded a month earlier.

Regarding the group Manpower, the variation was 0.28% this month, a percentage lower, opposite the rate of 1.05% observed in the seventh month of 2012.

Influences
Overall, the biggest positive influences to the result recorded in August was skilled helper (1.02% to 0.47%).

Moreover, the largest negative influences were of ordinary portland cement (-0.02% to -0.15%).

Capital
Considering the seven capitals studied FGV this month, four showed slowing, as the following table shows:

City                  July 2012 (%)          July 2012 (%)
Salvador             0.47                       0.49
Brasília               3.41                       0.17
Belo Horizonte     0,17                       0,27
Recife                 0.03                       0.22
Rio de Janeiro      0.33                       0.22
Porto Alegre         2,03                       1,15
São Paulo            0.39                       
0.16



Source: Infomoney

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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