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"The construction cost index increased by 23.18% in September annually''

According to data from the Turkish Statistical Institute (TSI), the construction cost index increased by %0.87 compared to the previous month and increased by %23.18 compared to the same month last year in September.

"The construction cost index increased by 23.18% in September annually''

On a monthly basis, the material index increased by %0.9 and the labor index increased by %0.82; annual increases were recorded at %19.32 for materials and %30.99 for labor.

Monthly Increase in Building Construction is %0.96 

The building construction cost index increased by %0.96 monthly and %22.75 annualy in September. During this period, the building construction material index increased by %1.06 and the labor index by %0.8.

Faster Increase in Non-Building Structures
The cost index for non-building structures increased by %0.57 monthly and %24.6 annually. Within this scope, the material index increased by %0.43 and the labor index by %0.87, while material costs increased by %20.91 and labor costs by %32.86 on an annual basis.

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