The Turkish Ready Mixed Concrete Association (THBB) has released the “Ready Mixed Concrete Index – December 2025 Report”, which reflects the current situation and expected developments in the construction sector and related manufacturing and service industries. In line with the limited movement observed in the sub-indices, the Ready Mixed Concrete Index remained close to the critical threshold level; however, it was unable to rise above the threshold by year-end. The report indicates that construction activity was maintained at a level comparable to the same period of the previous year, while the decline in confidence and expectations points to the continuation of a fragile and cautious outlook in the sector.
According to the Ready Mixed Concrete Index – December 2025 Report, all indices fluctuated below the threshold value for most of the year, followed by a limited recovery trend toward the threshold in the final quarter. In December, index values generally showed no significant change compared to November, and the indices displayed a relatively convergent pattern.
Following intra-year fluctuations, the Confidence Index declined in December and continued to lag behind the other sub-indices. After the increase recorded during the summer months, the Activity Index stabilized in the autumn and maintained a flat trend in December at a level very close to the threshold. The Expectations Index, which exhibited a relatively stable outlook throughout the year, posted a slight decline in December and remained just below the threshold. Finally, in line with the limited movement in the sub-indices, the Ready Mixed Concrete Index displayed a near-horizontal trend in December and, despite remaining close to the critical threshold, failed to exceed it.
On a year-on-year basis, a generally weak annual outlook was observed across the indices in December. The Activity Index increased by 0.3% compared to the same month of the previous year, differentiating positively and pointing to a limited recovery in sector activity. In contrast, the Confidence Index declined by 0.9%, marking the weakest performance among the sub-indices and indicating that confidence perceptions in the sector weakened noticeably compared to the same period last year. The Expectations Index decreased by 0.5%, signalling the continuation of a cautious outlook regarding future expectations, while the Ready Mixed Concrete Index also declined by 0.4%, reflecting the overall weak trend in the sector.
This picture shows that while construction activity at year-end was preserved at levels comparable to the same period of the previous year, the decline in confidence and expectations confirms the persistence of a fragile and cautious outlook in the sector.
Commenting on the report’s findings, THBB Chairman of the Board Yavuz Işık stated:
“Following the increase recorded during the summer months, the Activity Index stabilized in the autumn and maintained a flat trend in December at a level very close to the threshold. In parallel with the limited movement in the sub-indices, the Ready Mixed Concrete Index failed to rise above the threshold value. Our report reveals that while construction activity at year-end was maintained compared to the same period of the previous year, the decline in confidence and expectations indicates that a fragile and cautious outlook in the sector persists.”
Evaluating recent economic developments, THBB Chairman Yavuz Işık added:
“The confidence index results for December published by TURKSTAT provide important insights into the construction sector. In December 2025, the construction sector confidence index declined slightly to 84.5 (from 84.9 in the previous month), weakening compared to the previous month and remaining below the pessimism threshold. This indicates that confidence perceptions in the sector remained low in the final month of the year. During the same period, the economic confidence index stood at 99.5, while the confidence indices for the services and retail trade sectors were recorded at 112.3 and 115.4, respectively, reflecting significantly higher confidence levels compared to the construction sector. Consequently, the construction sector once again exhibited the lowest confidence level among all sectors. Although a notable decline in consumer loan interest rates was observed in December, this development has not yet been reflected in the construction sector. On the other hand, urban transformation projects and infrastructure investments carried out by the public sector continue to support a limited positive trend in the Activity Index. Overall, while the construction sector remained relatively resilient on the production side at the end of 2025, fragility in confidence and expectations persisted. Looking ahead, sector performance is expected to depend largely on potential improvements in financing conditions and expectations regarding macroeconomic stability.”
