Interest Dropped Confidence in Construction Sector Increased!

Interest Dropped Confidence in Construction Sector Increased!

TurkStat Sectoral Confidence Indices, August 2019 report was published. Housing sales increased after banks' mortgage interest rate cut, while the construction sector confidence index rose for the first time after a long break.

TurkStat published Sectoral Confidence Index report. According to August 2019 data, the confidence index in the construction sector increased.

Construction Confidence Index August 2019

According to the report announced by TURKSTAT, construction sector confidence index increased by 6 percent in August 2019 and rose to 55.5 percent.

The seasonally adjusted construction sector confidence index was announced as 52.4 in July and was disappointing.

According to the previous month in the construction sector; The current level of registered orders received and total number of employee expectations indices rose by 7.5% and 5.1% to 41.6 and 69.4, respectively.

While the rise in housing sales is expected to increase in the coming period, the index is expected to rise to a higher level.

 

Interest Dropped Confidence in Construction Sector Increased!
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