Key Findings The Turkish Statistical Institute (TÜİK) released data indicating that the construction cost index for July 2026 increased by 1.15% compared to June and by 28.33% compared to July 2025.
When broken down, the index shows: Material index: 1.28% monthly rise, 27.13% annual increase Labor index: 0.92% monthly rise, 30.51% annual increase These figures underscore the continued cost pressure in the construction sector and the rapid price escalation throughout the year.
TÜİK’s data will continue to serve as a vital indicator for monitoring changes in the sector’s cost structure and supporting policymakers’ decisions.
Construction Cost Index Shows 28.33% Annual Increase in July 2026
Turkey's Statistical Institute reports that the construction cost index rose 1.15% from June and 28.33% from July 2025, reflecting ongoing cost pressures in the sector.
Sources
- Bloomberght · baglanti