Building construction cost index increased by 2.4% compared with the previous quarter, by 5.9% compared with the same quarter of the previous year and by 9.3% compared with the four quarter average in the first quarter of 2015.

Building construction cost increased by 2.4% compared with the previous quarter in Turkey

Building construction cost index increased by 2.4% compared with the previous quarter, by 5.9% compared with the same quarter of the previous year and by 9.3% compared with the four quarter average in the first quarter of 2015.

In the first quarter of 2015, labour index increased by 3.3% and material index increased by 2.1% compared with the previous quarter. Annual changes were 9.3% increase in labour index and 4.9% increase in material index.

Building construction cost index and the rate of change (2005=100), I. quarter, 2015

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Building construction cost index (2005=100), 2013-2015

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Source:TUİK

Nurullah KIRMACI / emlakcoulisse.com

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