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TUIK: Construction turnover and volume up

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Construction turnover up
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Construction turnover and volume upProduction and turnover in the construction sector increased in the fourth quarter of 2011, according to the Turkish Statistical Institute (TUIK). The turnover index in construction increased 10.8% in the fourth quarter of 2011 when compared to the same period in 2010, TUIK said.

The turnover index in building construction increased 16 percent from 170.9 to 198.2, while the turnover index in civil engineering rose 4.9% from 244.6 to 256.7 in the fourth quarter of 2011 when compared to the fourth quarter of 2010.

The production index in construction increased 7.1% in the fourth quarter of 2011 compared to the same period of 2010.

Source: Anatolia News Agency