Construction cost in Türkiye rises by 34.27% annually
13 oC
13 oC
Güneşli
13 oC
Güneşli
The Turkish Statistical Institute announced on Wednesday that the Construction Cost Index (CCI) increased by 34.27% annually and 0.70% monthly in December.
According to the report, the material index rose by 0.41% while the labour index increased by 1.29% compared to the previous month. Annually, the material index surged by 26.18% and the labour index by 54.35%.
The Building Construction Cost Index rose by 34.67% compared to the same month of the previous year and recorded a 0.66% increase on a monthly basis. The material index for building construction grew by 0.40% monthly and 26.81% annually, while the labour index increased by 1.18% on a monthly basis and 53.38% on an annual basis.
The Construction Cost Index for civil engineering projects showed a 33.0% increase year-over-year and a 0.81% rise from the previous month. The material index grew by 0.42% monthly and 24.27% annually, whereas the labour index increased by 1.69% monthly and 57.92% annually.
The latest figures reflect the ongoing rise in construction costs across Türkiye, with labour costs seeing significant annual increases. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
The Producer Price Index of Agricultural Products (Agriculture-PPI) in Türkiye rose by 27.50% on an annual basis in April 2025, while registering a slight monthly decline of 0.45%, the Turkish Statistical Institute (TurkStat) announced in a statement on Thursday.
Türkiye’s construction sector registered a robust annual growth of 10.5% in March 2025, according to new data released by the Turkish Statistical Institute (TurkStat) on Thursday.
Türkiye’s labor market showed a modest annual uptick in paid employment, with a 0.6% increase in March 2025 compared to the previous year, according to the Turkish Statistical Institute (TurkStat).
The Turkish Statistical Institute (TurkStat) reported a significant increase in cow's milk collection by integrated dairies, reaching 1,015,647 tonnes in March, a 13.2% surge from February's 897,358 tonnes.
