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Data Note: Brazil subnational - Construction costs - Metadata
Wednesday, 22 Feb 2017 11:55 ET
By Megan McGee
February 2017 -- Total construction costs at the national and state level have several currency breaks. We have altered the metadata to better highlight this (33 monthly series impacted).

The series are reported as one continuous time series consisting of multiple currency changes. Over the history of the series, the specific currencies are:

  1. Cruzado (BRC) - March 1986 to December 1988
  2. Cruzado novo (BRN) - January 1989 to March 1990
  3. Third cruzeiro (BRE) - April 1990 to July 1993
  4. Cruzeiros real (BRR) - August 1993 to June 1994
  5. Real (BRL) - July 1994 to present

The source data are labeled as "c.m.u." or "current monetary units." In Data Buffet, we prefer to be specific, and use ISO 4217 alpha-3 currency codes. To document the four breaks, we have:

  • Changed the unit-descriptor to "(BRC/.../BRL per m², NSA)"
  • In the "source" metadata, added the notation "[Breaks in currency from Jan1989, ..., Jul1994]"

The series resided in the historical catalog (Brazil » Real Estate » Construction Costs) and include, for example, the following:

  • HSLCCTUM.IBRA    = Real Estate: Construction cost - for Brazil
  • HSLCCTUM.IBRA_RO = for Rondonia state
  • HSLCCTUM.IBRA_TO = for Tocantins state

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

Please be aware that:

  • The currency breaks only occur in the total-cost series. The component material and labor cost series start at July 1994.
Related ReleaseConstruction Costs
SourceBrazilian Institute of Geography and Statistics (IBGE)
Release DateReference date
09 Jun 2017May 2017
07 Jul 2017Jun 2017
09 Aug 2017Jul 2017
06 Sep 2017Aug 2017
06 Oct 2017Sep 2017
10 Nov 2017Oct 2017
08 Dec 2017Nov 2017
10 Jan 2018Dec 2017