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2 clusters · 6 sources · 4 days · First seen · Last updated

Turkey construction sector economic decline

Overview

The Turkish construction sector is experiencing rising costs and declining activity. Data from the Turkish Statistical Institute shows that construction costs increased by 29.59% over the last year, with labor costs rising by 31.20%. These rising expenses for materials, land, and financing are impacting housing accessibility in major cities such as Istanbul, Ankara, and Izmir.

Industry indicators suggest a continued slowdown. While the construction sector confidence index saw a slight monthly decline in September 2026, the Türkiye Hazır Beton Birliği (THBB) reported that its Activity Index dropped to 98.00. Most industry indices remain below the 100.00 threshold, signaling weak production volume and negative expectations. On an annual basis, indicators for activity, expectations, and confidence have all recorded declines.

Entities

Türkiye Hazır Beton Birliği · Turkish Statistical Institute · Yavuz Işık

Timeline

  1. [BUSINESS] 2 sources
    Turkey construction sector slows as concrete activity index hits 98

    Turkey's construction sector continues to slow down, with the THBB September 2026 Ready-Mix Concrete Activity Index dropping to 98.00.

  2. [BUSINESS] 4 sources
    Turkey construction costs rise amid fluctuating sector confidence

    Rising construction costs in Turkey have hit nearly 30% annually, while the sector confidence index dipped slightly in September despite a small increase in current orders.

Sources

bolgegazetesivan.com · gazeteabc.com · konyayenigun.com · tasinmazhaber.com · ufukturu.net · yorumla.net