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25 Aug
09:56

Turkey’s construction confidence declines in August

Turkey’s seasonally-adjusted construction confidence index, which was 87 in July, decreased by -2.3% in August to 85, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months increased to 90.2 in August versus 86.8 in July, while current overall order-books declined to 70.0 from 73.9. An index above 100 indicates an optimistic outlook, while below 100 indicates a pessimistic outloo…
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