TÜİK announced: Construction cost index increased in September
Original headlineTÜİK açıkladı: İnşaat maliyet endeksi eylülde arttı
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Turkey's construction cost index rose 1.81% month-on-month in September and climbed 30.80% year-on-year, according to data released by the Turkish Statistical Institute (TÜİK). The annual increase underscores persistent cost pressures on builders and developers even as monthly momentum moderated. Construction costs feed directly into housing prices and infrastructure budgets, making the index a key gauge of inflation in Turkey's property sector. Economists will watch whether the monthly pace continues to ease in coming months and how the pass-through affects residential prices and construction activity.
Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.
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Türkiye İstatistik Kurumu (TÜİK), Turkey