Monthly Inflation in Civil Construction Drops to 0.34 Percent in August

The National Construction Cost Index - M (INCC-M) is calculated by Fundação Getúlio Vargas (FGV). The drop in the rate from 0.91 percent in July to 0.34 percent in August was driven by the labor force, where inflation retreated from 1.63 percent in July to 0.44 percent in August.

RIO DE JANEIRO, BRAZIL - The National Construction Cost Index - M (INCC-M), calculated by the Getúlio Vargas Foundation (FGV), has recorded inflation of 0.34 percent in August of this year, below the July rate, which had been 0.91 percent. The indicator has accumulated 3.09 percent . . .

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