Construction cost index rises by 9.17% annually in Turkey

Construction cost index rises by 9.17% annually in Turkey

Construction cost index has increased by 9.17% annually and 0.95% monthly, Turkish Statistical Institute said in statement on Thursday.

In July 2020, construction cost index (CCI) increased by 0.95% compared with previous month and increased by 9.17% compared with the same month of the previous year, according to the statement.

Material index increased by 1.35% and labor index increased by 0.12% compared with the previous month. Also, material index increased by 6.66% and labor index increased by 14.67% compared with the previous year.

Building construction cost index increased by 9.59% annually and 0.75% monthly

Building construction cost index increased by 0.75% compared with previous month and increased by 9.59% compared with the same month of the previous year. Material index increased by 1.09% and labor index increased by 0.08% compared with the previous month. Also, material index increased by 7.10% and labor index increased by 14.87% compared with the previous year.

Construction cost index for civil engineering increased by 7.79% annually and increased 1.62% monthly

Construction cost index for civil engineering increased by 1.62% compared with previous month and increased by 7.79% compared with the same month of the previous year. Material index increased by 2.22% and labor index increased by 0.27% compared with the previous month. Also, material index increased by 5.25% and labor index increased by 13.96% compared with the previous year.

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