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26 Apr
10:17

Turkey’s construction confidence index continues to fall

Turkey’s seasonally adjusted construction confidence index, which was at 79.8 in March, decreased by 3.1% in April to 77.3, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. This is the ninth consecutive decline since August 2020. The index for building activity over the past three months fell to 88.3 in April versus 94.2 in March, while current overall orderbooks decreased to 74.9 from 76.3. An index above 100 indicates a…
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