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 deep sea scrap prices stabilize at $385-390/mt CFR

28 Mar | Scrap & Raw Materials

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet

Turkish flats spot prices slide further amid low HRC prices, negative demand

28 Mar | Flats and Slab

Turkey’s Isdemir to increase power plant capacity in Adana

28 Mar | Steel News

Ex-Asia billet offers become more affordable in Turkey, market slightly optimistic

27 Mar | Longs and Billet

Ex-US deep sea scrap prices to Turkey increase, ex-EU prices relatively stable

27 Mar | Scrap & Raw Materials

Turkey’s plate prices fall amid lower HRC prices, weaker demand

27 Mar | Flats and Slab

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Iskenderun-based Turkish mill increases its rebar price      

27 Mar | Longs and Billet

European scrap prices move up above $385/mt

26 Mar | Scrap & Raw Materials