Turkish industry accelerates, construction costs soar in April

Turkey's industrial sector experienced a notable acceleration in April 2026, as indicated by the latest data from the Turkish Statistical Institute (TÜİK).

The Industrial Production Index climbed 6.0% compared to the same month last year and saw a 3.7% increase from the previous month. This growth was primarily driven by the manufacturing industry, which recorded a 6.8% annual rise in its index. The mining and quarrying sector, however, contracted by 2.8% year-on-year, while electricity, gas, steam, and air conditioning production and distribution saw a modest 1.8% increase.

In contrast, the construction sector faced escalating costs. The Construction Cost Index jumped 28.58% annually and 2.73% monthly. Material costs in construction rose 27.75% year-on-year, while labor costs increased by 30.02%.

Breaking down the construction figures, the cost index for building construction alone rose by 27.11% annually. Costs for non-building structures, such as infrastructure projects, saw an even steeper annual increase of 33.41%. Material costs for these non-building projects climbed 34.26% year-on-year, with labor costs up 31.78%.