Brazilian civil construction activity up in March

Wednesday, 02 May 2018 21:08:09 (GMT+3)   |   Sao Paulo
       

Brazilian civil construction activity in March increased to 47.1 points from 44.5 points in March 2017, on a scale from zero to 100, in which values above 50 show growth, according to the country’s confederation of industries (CNI). On a monthly basis, civil construction activity rose from 46.2 points in February.

According to CNI, the industry’s capacity utilization in March reached 57 percent, up from 56 percent in March 2017, but stable at 57 percent from February this year.

The indicator that measures the number of job positions in the local civil construction industry grew to 45.4 points in March, up from 41.7 points in the same month of 2017. The jobs positions indicator also improved from 44.1 points in February.


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