Brazilian civil construction activity grows in August

Wednesday, 25 September 2019 23:57:24 (GMT+3)   |   Sao Paulo
       

Brazilian civil construction activity in August rose to 49.2 points, from 47.8 points in August 2018, in a scale from zero to 100, in which values above 50 show growth, according to the local confederation of industries (CNI). Brazilian civil construction activity in August also improved from 48.4 points in July 2019.

The local confederation of industries said capacity utilization in the Brazilian civil construction sector in August declined to 58 percent, from 60 percent in August 2018 but rose from 57 percent in July 2019.

The indicator that measures the number of job positions in the segment grew to 47.9 points in August 2019 from 46.1 points in August 2018. It was also up from 47.3 points in July 2019.


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