Brazil: Construction costs rise 11.2% in 12 months

The National Civil Construction Index went from 0.87% in April to 1.49% in May. Among the factors driving the increase are the cost of materials and the value of labor.

RIO DE JANEIRO, BRAZIL - One sector that is heated is the civil construction sector, which has reemployed those who were stuck in the pandemic, but the problem now is high inflation.

The horizon in construction is a legacy of the times when interest rates were on the floor. These projects were launched, sold, and now . . .

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