The calendar-adjusted production index in Turkey’s construction industry slipped by -0.3% year-on-year in the third quarter. This follows a 6.2% y-o-y increase in Q2, Kallanish learns from the Turkish Statistical Institute (TUIK).

The seasonally and calendar-adjusted production index in construction decreased by -4.2% in Q3 compared with the previous quarter, after rising by 2.2% in Q2 over Q1, TUIK says in a statement.

Turnover index in the Turkish construction sector rose by 3.3% on-year in Q3 after a 25.3% y-o-y growth in Q2. On a quarter-on-quarter basis turnover decreased by -6.9% in Q3, after increasing by 10.8% in Q2.