Construction cost index rises by 42.48% annually in Turkey

Construction cost index rises by 42.48% annually in Turkey

In June 2021, construction cost index increased by 2.89% compared with previous month and increased by 42.48% compared with the same month of the previous year, the Turkish Statistical Institute said.

Material index increased by 4.23% and labor index decreased by 0.40% compared with the previous month.

Also material index increased by 53.70% and labor index increased by 19.88% compared with the previous year.

Building construction cost index increased by 42.49% annually and 2.85% monthly

Building construction cost index increased by 2.85% compared with previous month and increased by 42.49% compared with the same month of the previous year.

Material index increased by 4.15% and labor index decreased by 0.29% compared with the previous month.

Also material index increased by 53.90% and labor index increased by 20.08% compared with the previous year.

Construction cost index for civil engineering increased by 42.46% annually and increased by 3.05% monthly

Construction cost index for civil engineering increased by 3.05% compared with previous month and increased by 42.46% compared with the same month of the previous year.

Material index increased by 4.49% and labor index decreased by 0.81% compared with the previous month.

Also material index increased by 53.06% and labor index increased by 19.15% compared with the previous year.

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