The Turkish Statistical Institute (TÜİK) Released Its Construction Production Index Data for June on Tuesday in Türkiye

Turkey's statistical authority reported that construction output fell both annually and monthly in June, with the year-on-year decline reaching 6.0 percent and the month-on-month drop at 0.5 percent. The Turkish Statistical Institute (TÜİK) released its construction production index data for June on Tuesday. The figures show a continued contraction in the sector, which has been under pressure from high input costs and slowing demand.