Construction cost index increases by 10.76% annually and 1.01% monthly in Turkey
In December 2019, construction cost index has increased by 1.01% compared with previous month and increased by 10.76% compared with the same month of the previous year, Turkish Statistical Institute (TurkStat) said in a statement on Tuesday.
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According to the statement, material index increased by 1.23% and labor index increased by 0.57% compared with the previous month. In addition, material index increased by 4.93% and labor index increased by 25.55% compared with the previous year.
Building construction cost index increased by 11.04% annually and 0.83% monthly
Building construction cost index increased by 0.83% compared with previous month and increased by 11.04% compared with the same month of the previous year. Material index increased by 1.01% and labour index increased by 0.46% compared with the previous month. Also material index increased by 5.12% and labour index increased by 25.70% compared with the previous year.
Construction cost index for civil engineering increased by 9.84% annually and 1.66% monthly
Construction cost index for civil engineering increased by 1.66% compared with previous month and increased by 9.84% compared with the same month of the previous year. Material index increased by 1.95% and labour index increased by 0.98% compared with the previous month. Also material index increased by 4.33% and labour index increased by 24.96% compared with the previous year. (ILKHA)
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