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02 Oct
18:21

Turkey’s September economic confidence declines, but construction rebounds

Turkey’s seasonally-adjusted construction sector confidence index, which was 55.5 in the previous month, increased to 60.1 in September, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months rose to 66.7 versus 62.1 in August, while current overall order-books increased to 44.4 from 41.6 in August. An index above 100 indicates an optimistic outlook, while below 100 indi…
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