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26 Feb
15:48

Turkish construction confidence sinks to new record-low

Turkey’s seasonally-adjusted construction sector confidence index fell to a new record-low of 51.8 in February, the Turkish Statistical Institute (TUIK) says in a note seen by Kallanish. This follows a rebound in January from the previous record-low in December. An index above 100 indicates an optimistic outlook, while below 100 indicates a pessimistic outlook. For every 100 companies surveyed, 54.8 indicated financial constraints were limitin…
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