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28 Apr
11:22

Turkey’s construction confidence index collapses in April

Turkey’s construction confidence index collapsed in April due to the coronavirus outbreak in the country. It had been at 77.2 the previous month and showing improvement since the beginning of the year, but fell -44.2% in April to 44.7, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months decreased to 57.2 in April versus 86.7 in March, while current overall order-books fell to 3…
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