Turkish construction sector confidence up 0.4% in June from May

Friday, 23 June 2017 17:22:32 (GMT+3)   |   Istanbul
       

According to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index* for the construction sector in Turkey, which stood at 86.3 points in May this year, increased by 0.4 percent month on month in June to 86.7 points.
 
According to the indices based on individual questions asked of Turkish construction sector enterprise executives who own private businesses with 10 or more employees, in June this year the confidence index for construction activities recorded in the latest three months, which stood at 98.7 points in May, decreased by 0.8 percent to 97.9 points.
 
In June, the current overall order books sub-index increased by 0.9 percent to 71.2 points, while the sub-index for total employment expectations over the next three months moved up by 0.1 percent to 102.2 points, both compared to the previous month.
 
Meanwhile, in June of the current year, executives' expectations for sales prices in the next three months fell by 0.8 percent month on month to 108.3 points.
 
* Sectoral confidence index values range between zero and 200. When the index is above 100 it indicates an optimistic outlook about the current and the future period of the sector, when it is below 100 it points to a pessimistic outlook.

Tags: Turkey Europe 

Similar articles

Turkey’s coking coal imports up 102.2 percent in January

19 Mar | Steel News

Turkey creates road maps for 2053 net zero emission target

19 Mar | Steel News

Turkey’s ex-US scrap prices fail to reach estimated levels, sellers push for higher prices

18 Mar | Scrap & Raw Materials

Turkish domestic rebar spot prices rise in local currency

18 Mar | Longs and Billet

Turkey’s iron ore imports down 18.7 percent in January

18 Mar | Steel News

HRC prices fall in all segments in Turkey, suppliers under pressure

15 Mar | Flats and Slab

Iskenderun-based Turkish mill cuts its rebar price

15 Mar | Longs and Billet

Turkey’s import scrap market seeks price direction, sellers step back and buyers target discounts

15 Mar | Scrap & Raw Materials

Turkey’s ship scrap purchase prices mostly fall

15 Mar | Scrap & Raw Materials

Turkey’s domestic scrap prices follow diverse trends

15 Mar | Scrap & Raw Materials