Türkiye’s construction sector grows by 14.4% annually in December
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Güneşli
13 oC
Güneşli
Türkiye’s construction sector recorded a 14.4% annual increase in December 2024, according to data released by the Turkish Statistical Institute (TurkStat) on Friday.
A breakdown of the construction subsectors for December 2024 revealed that the construction of buildings index rose by 17.6%, the civil engineering index by 11.1%, and the specialized construction activities index by 6.2% compared to the same month in the previous year.
Additionally, production in the construction sector increased by 6.7% in December 2024 compared to the previous month. Examining the subsectors, the construction of buildings index increased by 7.6%, the civil engineering index by 0.5%, and the specialized construction activities index by 8.0%.
This significant growth in the construction sector highlights the dynamic development and expansion within Türkiye's construction industry. (ILKHA)
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The Turkish Statistical Institute announced on Friday that house sales in Türkiye saw a significant increase of 39.7% in January compared to the same month of the previous year, totaling 112,173 units sold.
The Central Bank of the Republic of Türkiye (CBRT) saw its total reserves increase by $1.517 billion to $167.492 billion in the week ending February 7th, according to the bank's weekly money and banking statistics.
Türkiye’s current account deficit expanded beyond expectations in December 2024, reaching $4.65 billion, according to data released by the Central Bank of the Republic of Türkiye (CBRT).
