The reconstruction of earthquake zones and the rapidly needed disaster-focused urban transformation process in high-risk earthquake areas are factors that have influenced the sectoral growth in the third quarter of the year. The increased demand for new housing has boosted employment rates, contributing to the upward momentum in employment rates, thereby supporting the increase in the sectoral confidence index data. The rising demand for urban transformation in cities at high risk of earthquakes is increasing expectations for an upturn in monthly housing sales data in the final quarter of the year.
When the activities that generate GDP are examined, in the third quarter of 2023, depending on the chained volume index compared to the previous year;
- Agricultural activities increased by 0.3%.
- Real estate activities increased by 2.7%.
- The service sector increased by 4.3%.
- Financial and insurance activities increased by 5.1%.
- Industrial activities increased by 5.7%.
- Construction activities increased by 8.1%.