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Construction sector confidence index in Turkey decreased in March

Turkey Statistical Institute (TÜİK) announced seasonally adjusted confidence index data in March of this year.

Construction sector confidence index in Turkey decreased in March

According to the declared data; While an increase of 1.1 percent was observed in the service sector, a decrease of 4.4 percent in the retail trade sector and 1.5 percent in the construction sector was recorded.
This has led to a decrease in the number of employees, especially in the construction sector.

Seasonally adjusted construction confidence index, which was 89.8 in February, became 88.5 this month. Compared to the previous month, the current level of registered orders in the construction sector increased by 0.6 percent, while the expectation for the total number of employees in the next three months decreased by 3.3 percent.


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