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27 Dec
10:02

Turkey’s December construction, consumer confidence indices dip

Turkey’s seasonally-adjusted construction confidence index, which was at 93.6 in November, decreased by 3.9% in December to 90.0, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months rose to 102.5 in December versus 100.9 in November, although that for current overall orderbooks fell to 79.2 from 81.8. An index above 100 indicates an optimistic outlook, while below 10…
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