Turkish construction sector confidence down 0.1% in Apr from Mar

Monday, 24 April 2023 11:53:36 (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 88.5 points in March, decreased by 0.1 percent month on month in April of the current year to 88.4 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 the given month, the confidence index for construction activities recorded in the latest three months grew by 0.2 percent to 100.5 points month on month.

In April, the current overall order books sub-index moved down by 0.2 percent to 84.8 points, while the sub-index for total employment expectations over the next three months dropped by 0.1 percent to 92.0 points, both compared to the previous month.

Meanwhile, in the given month, executives’ expectations for sales prices in the next three months declined by 0.4 percent month on month to 121.4 points.


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