Türkiye construction costs rise 28.58% annually, TurkStat reports
The construction cost index in Türkiye increased by 28.58% year-on-year in April 2026, while rising 2.73% on a monthly basis, according to data released on Monday by the Turkish Statistical Institute (TurkStat).
The latest figures show continued upward pressure on the construction sector, driven by both material and labour costs. On a monthly basis, the material index rose by 3.75%, while labour costs increased by 1.03%. Compared with the same month last year, material costs climbed 27.75% and labour costs surged 30.02%.
In the sub-category of building construction, costs increased by 27.11% annually and 2.44% monthly.
TÜİK data indicates that material prices in building construction rose 3.39% month-on-month, while labour costs increased by 0.93%. On an annual basis, material costs in this segment were up 25.68%, and labour costs rose by 29.53%.
Construction costs in civil engineering recorded a sharper annual rise of 33.41%, alongside a monthly increase of 3.65%.
Within this category, material costs increased by 4.84% compared with the previous month, while labour costs rose by 1.40%. On a yearly basis, material costs surged 34.26%, and labour costs climbed 31.78%.
The sustained increases highlight ongoing cost pressures in Türkiye’s construction industry, with both materials and labour contributing significantly to inflationary trends across building and infrastructure projects. (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.
Gold prices jumped more than 2% on Monday, reaching their highest level in nearly a week, after the United States and Iran announced an initial framework agreement to end their conflict, reopen the Strait of Hormuz, and lift the U.S. blockade on Iran.
Türkiye's export performance continued to show resilience in April 2026, with export prices and volumes posting annual increases, while import volumes declined notably, according to the latest foreign trade indices released by the Turkish Statistical Institute (TurkStat).
Oil prices fell significantly on Friday following optimistic comments from U.S. President Donald Trump, who stated that Washington has reached a framework agreement with Iran that could soon bring an end to the ongoing Middle East conflict.