The increase in repair and strengthening activities in the earthquake zone; It has increased the need for the renewal market and contributed to the importance of urban transformation issues. Demolition and reconstruction activities observed in the second quarter of the year continued to support the construction industry. Despite the increasing need for new housing, the high construction input costs have not provided sufficient impetus to sectoral investments.
Fluctuations in exchange rates and increases in construction input costs have negatively affected the sector.When the activities that generate GDP are examined, in the second quarter of 2023, depending on the chained volume index compared to the previous year;
- Service sector 6.4%
- Construction activities 6.2%
- Finance and insurance activities 4.9%
- While Real Estate Activities increased by 3.2%;
- Agricultural activities 3.8%,
- Industrial activities decreased by 2.6%.
