Construction Cost Index, October 2019 in Turkey
[2015=100]
Building construction cost index increased monthly by 0.10%
Building construction cost index increased by 0.10% compared with previous month and increased by 5.53% compared with the same month of the previous year. Material index decreased by 0.32% and labour index increased by 0.98% compared with the previous month. Also material index decreased by 2.03% and labour index increased by 25.52% compared with the previous year.
Building construction cost index annual rate of change, October 2019
[2015=100]
Construction cost index for civil engineering decreased monthly by 0.03%
Construction cost index for civil engineering decreased by 0.03% compared with previous month and increased by 0.22% compared with the same month of the previous year. Material index decreased by 0.68% and labour index increased by 1.50% compared with the previous month. Also material index decreased by 7.75% and labour index increased by 24.87% compared with the previous year.
Construction cost index for civil engineering annual rate of change, October 2019
[2015=100]
Construction cost index and rate of changes, October 2019
[2015=100]
The next release on this subject will be on January 13, 2020.
Source: TUIK
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
