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26 Nov
11:25

Turkey’s construction confidence index falls in November

Turkey’s seasonally-adjusted construction confidence index, which was 83.8 in October, decreased by 5.7% in November to 79.0, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months declined to 85.8 in November versus 89.6 in October, while current overall order-books declined to 62.6 from 69.8. An index above 100 indicates an optimistic outlook, while below 100 indicates a pessim…
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