Construction Products Industry Composite Index finished the year 2017 on the 99.06 score level with a 9.2% increase and 8.5% growth compared to the previous year-end.

December 2017 results of the Construction Products Industry Composite Index published by the Association of Turkish Construction Material Producers regularly on a monthly basis have been announced.

The Composite Index regressing on a limited scale in the month of December occurred as a 99.06 score level. Improvements experienced in confidence and expectations while operations regressed with the seasonality.

Operations in the construction products industry regressed on a limited scale in the month of December compared to the previous month. Operation index decreased by 1.7 points in December when the seasonality took its impact stronger on the construction operations in January compared to November. Nevertheless, the operation level exceeded the month of December of the previous year by 12.7 points.

Confidence index showed a limited increase in December following a three-month regression. The level of confidence exceeded the previous month by 0.3 points and the same month of the previous year by 3.3 points despite the slowing and decreasing operations with the seasonality.

The expectations showed a limited increase in December after a three-month halt. The impact of many risks experienced in the economy and foreign policy in the period September-November declined in December. Therefore, a limited recovery was experienced in expectations in spite of the effective regression in the construction operations due to seasonality.

The expectations index increased by 0.1 points in December compared to the previous month. In this way, the expectations index exceeded the same period of the previous year by 9.8 points and expectations continued to exceed the previous year. Expectations on the economy of Turkey and construction products industry increased on a limited scale in December.

Domestic orders received for the upcoming three months decreased with the seasonality in December following October and November. The increase in the export orders for the upcoming three months occurred on a high level despite showing a slowdown. In addition, an increase experienced in the production, investment, and employment expectations of the upcoming three months in spite of the regression in domestic and foreign orders.