Business · Economy · 2 days ago
Construction costs in Turkey rose 29.59% in August from a year earlier
Turkey’s construction cost index rose 29.59% in August 2026 compared with the same month a year earlier.
The index also increased 2.04% from July.
It measures changes in the costs of materials and labor used in construction.
Compared with a year earlier, material costs rose 28.72% and labor costs rose 31.20%.
Costs for buildings rose 28.94% year on year, while costs for structures other than buildings rose 31.68%.
The figures show that construction costs continued to rise, with no further steps or outlook provided.
Turkey’s construction cost index rose 29.59% in August from a year earlier, according to data released by the Turkish Statistical Institute.
The index increased 2.04% from July.
Compared with a year earlier, material costs rose 28.72% and labor costs rose 31.20%.
The building construction cost index rose 28.94% year on year, while the index for non-building structures increased 31.68%.
- Who
- The Turkish Statistical Institute released the data.
- What
- Turkey’s construction cost index rose 29.59% year on year and 2.04% month on month.
- When
- August 2026.
- Where
- Turkey.
- Why
- Not stated.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Overall construction costs
- Up 29.59% year on year in August 2026
- Monthly change
- Up 2.04% from July
- Material costs
- Up 28.72% year on year
- Labor costs
- Up 31.20% year on year
- Building construction index
- Up 28.94% year on year
- Non-building structures index
- Up 31.68% year on year
Sources
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