Building construction costs have increased in the third quarter of 2013 by 2,3% compared to the previous quarter. Turkey Statistical Institute (TSI) has announced Building Construction Cost Index of third quarter of 2013.
Accordingly, Building construction costs have increased in the third quarter of 2013 by 2,3% compared to the previous quarter and 6.4% rise compared to the same period last year.
Labor index in the third quarter of 2013 by 1,2%, material index by 2,7% have increased compared to the previous quarter. Labor index has increased by 6.5% compared to same quarter of the previous year. Material Index has increased as well by 6.3% compared to same quarter of the previous year.