12,933.40 TRY BIST 100 BIST 100
51.10 EUR EUR EUR
43.97 USD USD USD
6.41 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
37.60 TRY Interest Interest
83.18 USD Fossil Oil Fossil Oil
5.90 USD Copper Copper
120.02 USD Silver Silver
98.97 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,301.26 TRY Gold (gr) Gold (gr)
100.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Construction cost index increased in November

The construction cost index increased by 23.93% as yearly in November.

Construction cost index increased in November

The Turkish Statistical Institute (TUIK) has announced the construction cost index data for November 2025. According to the data, construction costs increased by 1.14% month-on-month and 23.93% as yearly in November.

On a monthly basis, the materials index rose by 1.7%, while the labor index increased by 0.12%. On an annual basis, materials costs increased by 20.48%, while labor costs reached 30.98%.

Building Construction Costs Continue to Rise

The building construction cost index increased by 1.14% compared to the previous month and 23.5% compared to the same month of the previous year in November 2025. Within this category, the materials index increased by 1.69% as monthly , while the labor index increased by 0.17%. On an annual basis, materials costs increased by 20.03%, while labor costs rose by 30.37%.

Higher Increase in Non-Building Structures

For non-building structures, the construction cost index increased by 1.14% as monthy and 25.33% as yearly in November. In this category, the materials index increased by 1.72% on a monthly basis, while the labor index declined slightly by 0.04%. On an annual basis, materials costs increased by 21.9%, while labor costs increased by 33.14%.

The November 2025 data show that both material and labor costs remain elevated, with annual increases particularly in labor costs continuing at a strong pace.

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

Barca Metals commissions Danieli Centro Recycling for scrap processing plant

Wednesday, March 4, 2026

TRY 206 Million Fraud at Kocaeli Steel Plant

Wednesday, March 4, 2026

Kocaer Çelik achieved its highest sales and production performance in history in 2025

Wednesday, March 4, 2026

Ali Okyay became the new General Manager of Kalibre Boru

Tuesday, March 3, 2026

Kardemir Steel qualifies for İZKA “Green transformation in industry” support in first place

Tuesday, March 3, 2026
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