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Turkey Construction Industry Report 2019/Q2

When the activities that contribute to Gross Domestic Product (GDP) analyzed according to the data published by TurkStat in September 2019;

  • Gross domestic product by production approach with chain linked volume index (2009=100) decreased by 1.5% compared with the same quarter of previous year in the second quarter of 2019.
  • Gross domestic product increased by 15% and reached 1 trillion 24 billion 226 million TRY at current prices.
  • When the activities which constitute gross domestic product were analyzed; the total value added increased by 3.4% in the agricultural sector, decreased by 2.7% in the industry sector and 12.7% in the construction sector and 0.3% in the services sector (wholesale and retail trade, transport, storage, accommodation and food service activities) compared with the same quarter of the previous year in the chained linked volume index.
  • Calendar adjusted gross domestic product in the second quarter of 2019 decreased by 1.4% compared with the same quarter of the previous year.
    Seasonally and calendar adjusted gross domestic product increased by 1.2% compared with the previous quarter.

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Industry Reports Eylül 05, 2019 This article read 9277 times
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