Civil Construction Index rises 1.80% in May

As a result, the index is now up 6.92% so far this year and up 14.62% in the last 12 months.

The Civil Construction Index rose 1.80% in May, after going up 0.95% in April. As a result, the index is now up 6.92% so far this year and up 14.62% in the last 12 months. In May 2020, the index was 0.21% higher than the previous month and 4.14% higher than 12 months before. Between April and May 2021, the figure related to Materials, Equipment and Services went from 1.88% to 2.58%, while the result for Labor increased from 0.01% to 0.99%.

Materials, Equipment and Services

Within the Materials, Equipment and Services group, the Materials and Equipment item went up 2.93% in May, after rising 2.17% the month before. Three of the four subgroups recorded growth in their rates of variation, especially Structural Materials, which increased from 2.25% to 2.91%. 

The Services item went from 0.52% in April to 0.95% in May. In this group, the Design item increased from 0.41% to 1.95%.

Labor

The rate of variation for Labor rose from 0.01% in April to 0.99% in May. 

State capitals

All the surveyed state capitals (Salvador, Brasilia, Belo Horizonte, Recife, Rio de Janeiro, Porto Alegre and Sao Paulo) experienced increases in their rates of variation. 

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Any opinions expressed by Fundação Getulio Vargas’s staff members, duly identified as such, in articles and interviews published in any media, merely represent the opinions of these individuals and do not necessarily represent the institutional viewpoints or opinions of FGV. FGV Directive No. 19 / 2018.