Clipping of news on Brazilian Culture, Law and Citizenship
01/28/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO, Jan 28 (Reuters) - The National Index of Construction Cost-M (INCC-M) rose 0.39 percent in January, above the high of 0.29 percent registered in December, said on Monday Fundação Getulio Vargas (FGV).
In the last 12 months, the index registers accumulated high of 6.94 percent.
The group Materials, Equipment and Services had positive growth of 0.30 percent, down from a high of 0.26 percent in the previous month. The index for Manpower also rose 0.39 per cent, against 0.31 per cent in December.
The INCC-M is one of three components that go into calculating the General Price Index-Market (IGP-M). The other components are the Producer Price Index Broad (IPA) and the Consumer Price Index (CPI).
(By Camila Moreira; Editing Tiago Pariz)
Source: Site Uol
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This article was translated by an automatic translation system, and was therefore not reviewed by people.