Turkey Ready Mixed Concrete Association announced its april 2018 “Ready Mixed Concrete Index” report revealing the current situation of construction and associated manufacturing and services sectors expected developments. The report showed that the Activity Index continued increasing in april and march, which means a recovery in construction activities in the last 2 months. The expectation for the upcoming period is still high, this set out the belief that the sector’s ready-mixed concrete and construction activities will be on its way in 2018.
The Ready-Mixed Concrete Index, which has activity, confidence, expectation and composite index in the ready-mixed concrete sector, showed a decrease compared to the same period of the previous year. In particular, the decrease in the Activity Index by 1.5% compared to the same period of last year, pointed out that the month april which we left behind was weaker for the name of ready mixed concrete production and consequently construction activities compared to last year. The rate in the Expectation Index showed that the expectation is weaker than last year. And the Confidence Index showed that all performance indicators in the sector were weak in april 2018, both below the threshold limit and lower compared to last year.