Official data shows continued inflationary pressures on the construction sector
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Data from Turkey's Statistics Institute for March 2026 showed continued increases in construction and building costs.
The increases registered sustained year-on-year growth, with particular focus on the engineering sector and major infrastructure projects.
The trend points to deepening financial pressures on construction companies and contractors and its impact on development projects.
Construction costs in Turkey rose again in March 2026 on a year-on-year basis, encompassing both residential and non-residential projects alike. Inflationary pressures are affecting material and labour costs, prompting contractors to reconsider their pricing or postpone their projects.
If you are planning a construction project or real estate development in Turkey, expect higher prices and longer implementation periods with the possibility of project delays. Rising costs may be reflected in property prices and rental costs in the coming market.
Mehmet Yılmaz