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26 Jun
11:14

Turkish construction confidence rebounds further

Turkey’s seasonally-adjusted construction confidence index rebounded 33.1% on-month in June to 78.0, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. The index for building activity over the past three months increased to 74.6 in June versus 58.5 in May, while current overall order-books rose to 59.1 from 40.0. An index above 100 indicates an optimistic outlook, while below 100 indicates a pessimistic outlook. For every 100 compan…
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