Construction Turnover and Production Indices, I. Quarter: January-March, 2017
In our institution, methods and data source improvement studies are still going on in general for Short Term Business Statistics. Construction production index published with the 2010 base year since 2013 cannot be maintained anymore due to the lack of continuity in the data source, it has been decided to use the administrative records which are more up to date and comprehensive. In this context, the construction production index is not included in this press release and will be published from 2018 with the retrospective series after the completion of the 2015 base year works to be calculated based on the administrative records.
Turnover in construction sector decreased by 1.2%
Seasonally and calendar adjusted turnover index in construction decreased by 1.2% compared with the previous quarter in the first quarter of 2017. Calendar adjusted turnover index in construction increased by 5.3% compared with the same quarter of the previous year.
The next release on this subject will be on September 15, 2017.
Calendar effect has not been observed in turnover index. Therefore, unadjusted series are used instead of calendar adjusted series.