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25 Jan
10:43

Turkey’s construction confidence declines further in January

Turkey’s seasonally-adjusted construction confidence index, which was at 90.0 in December, decreased by 5% in January to 85.51, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months fell to 102.19 in January versus 102.5 in December, although that for current overall orderbooks rose to 80.84 from 79.18. An index above 100 indicates an optimistic outlook, while below 10…
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