9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Turkey construction cost index announced

According to the data announced by TUIK, in May 2023, compared to the previous month increased by 0.54%, compared to the same month of the previous year increased by 47.95%. Compared to the previous month, material index increased by 0.28% and labor index increased by 1.23%. In addition, compared to the same month of the previous year, material index increased by 33.55% and labor index increased by 104.83%.

Turkey construction cost index announced

Turkish Statistical Institute (TurkStat) published the Construction Cost Index, May 2023 data.

Accordingly, construction cost index increased by 0.54 percent in May 2023 compared to the previous month and 47.95 percent compared to the same month of the previous year.

Compared to the previous month, material index increased by 0.28 percent and labor index increased by 1.23 percent. In addition, compared to the same month of the previous year, the material index increased by 33.55 percent and the labor index increased by 104.83 percent.

Building construction cost index increased by 49.97 percent annually and 0.77 percent monthly

Building construction cost index increased by 0.77 percent compared to the previous month and 49.97 percent compared to the same month of the previous year. Compared to the previous month, the material index increased by 0.60 percent and the labor index by 1.17 percent. On the other hand, the material index increased by 35.38 percent and the labor index by 105.27 percent compared to the same month of the previous year.

The construction cost index for non-building structures decreased by 0.22 percent compared to the previous month and increased by 41.50 percent compared to the same month of the previous year. Compared to the previous month, the material index decreased by 0.78 percent, while the labor index increased by 1.42 percent. In addition, compared to the same month of the previous year, the material index increased by 27.93 percent and the labor index increased by 103.18 percent.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

LMM GROUP continues to innovate in global steel production

Thursday, April 3, 2025

EUROFER cautions against overcapacity threatening Europe's steel industry

Thursday, April 3, 2025

German business community calls for economic reform

Thursday, April 3, 2025

Türkiye's iron ore imports decreased by 66.5% in February

Thursday, April 3, 2025

US President Trump announces reciprocal tariffs

Thursday, April 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now