National Construction Cost Index

The NCCI enables full monitoring of the evolution of the materials, services, and labor prices that are most relevant to the construction industry.

The National Construction Cost Index (NCCI) was the first index conceived to monitor the evolution of the prices of materials, services, and labor used in the construction of housing in Brazil. In addition to being one of the indexes comprising the FGV IBRE General Price Index (GPI), the NCCI continues to be, more than 70 years later, one of the most important price indicators for its segment.

In the 1950s, its coverage was limited to the city of Rio de Janeiro. In the following decades, it came to be calculated based on the evolution of construction costs in seven of the main Brazilian state capitals.

As in any large sector of economic activity, innovations are frequent, being introduced in terms of style, materials, and construction techniques. This underpins the methodological revision cycle required to maintain the adherence of this price index to the challenges to which the Brazilian construction industry is exposed.

Geographic Coverage:
Belo Horizonte, Brasília, Porto Alegre, Recife, Rio de Janeiro, São Paulo and Salvador.

Sector Coverage:
Materials and equipment services, and labor.

Collection Period:
• NCCI-M, between the 21st of the previous month and the 20th of the reference month;
• NCCI-10, between the 11th of the previous month and the 10th of the reference month;
• NCCI-DI, between the 1st and the last day of the reference month.