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Brazil’s construction activity bounces back in August

The diffusion index varies from 0 to 100, so each figure above 50 indicates an improvement compared to the previous month
The diffusion index varies from 0 to 100, so each figure above 50 indicates an improvement compared to the previous month
The diffusion index varies from 0 to 100, so each figure above 50 indicates an improvement compared to the previous month
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28th September 2020
Construction

The activity level index of the Brazilian construction industry recorded the fifth increase in a row in August, reaching 51.4 points, the highest level in eight years. The diffusion index varies from 0 to 100, so each figure above 50 indicates an improvement compared to the previous month.

The diffusion index varies from 0 to 100, so each figure above 50 indicates an improvement compared to the previous month

The construction of buildings pushed up the overall index, registering an activity level of 51 points in August, while the infrastructure activity index stood at 48.4.

According to the National Confederation of Industry, which calculates the construction activity indicators, the sector’s capacity utilization also returned to the pre-pandemic levels, staying at 60% in August, 2pp higher than in August 2019.

Further data and analysis on Brazil’s economy could be found on the CEIC Brazil Economy in a Snapshot – Q3 2020 report.

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Brazil
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28th September 2020 Brazil’s construction activity bounces back in August