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28 Jan
15:52

Turkish construction confidence rebounds from record-low

Turkey’s seasonally-adjusted construction sector confidence rebounded to 56.7 in January versus a record-low 55.4 the previous month. The order-books index surged 18.2% to 46.4, but the total employment expectation index declined -6.2% to 67.1, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. An index above 100 indicates an optimistic outlook, while below 100 indicates a pessimistic outlook. For every 100 companies surveye…
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