The Turkish Ready-Mixed Concrete Association (THBB) has announced the “Ready-Mixed Concrete Index” April 2025 Report, which shows the current situation in the manufacturing and service sectors related to construction and what it expects. Although the Activity Index increased in April, it is understood that it had a positive effect compared to the ready-mixed concrete index and that low performance was seen in the construction sector. All indexes are negative compared to the same month of the previous year, and the decline in confidence in the sector indicates that the construction sector will continue to perform with low performance in the coming period.
The Turkish Ready-Mixed Concrete Association (THBB) shows the current situation in the construction sector and related manufacturing and service sectors in Türkiye and the expected outcome with the Ready-Mixed Concrete Index it announces every month. This Index, which is one of the most basic inputs of the construction sector and is also produced and used in construction without being stockpiled in a short time, is an indicator that reveals the total growth of the construction sector.
According to the Ready-Mixed Concrete Index April 2025 Report, after rising just above the activity-like value in March, it was brought back to its threshold value in April. Although the Expectation Index showed a limited increase in April, it still appears to be on the negative side. The Confidence Index moved parallel to March in April with Extreme, thus remaining in the negative region as the lowest index. All indexes appear to be positioned below their equivalent values between April. Although the Activity Index increased in April, it is understood that it had a positive effect compared to the ready-mixed concrete index and that low performance was seen in the construction sector.
The confidence index in the last April, the external indexes are broken compared to the same month of the previous year. The highest increase is seen in the Expectation Index. The calendar of the activity should be read together with the information that its data is below its equivalent value. The significance of the increase in the activity in this case is not sufficient together. The appearance in the confidence index is remarkable. All indexes are negative, the decline in the transition table comparison of the confidence in the sector indicates that the construction sector will act with low performance again in the coming period.
Evaluating the report, Yavuz Işık, Chairman of the Board of Directors of the Turkish Ready-Mixed Concrete Association (THBB), said, “All indices in April are seen to be positioned below threshold values. Compared to the same month last year, all indices are negative, and the decline in confidence in the sector indicates that the construction sector will act with low performance again in the coming period.”
Sharing information about economic events, THBB President Yavuz Işık said, “The monetary circulation provided by the Central Bank's interest rate reduction to 46% in April and the effective funding cost based on the upper band of 48,8% and 49% is still continuing and getting stronger. The interest rate broke a record with 10% points in the Treasury's 35 borrowing tenders. 5 CDS 330 bases are evaluated in the high risk category and it is revealed that it is cautious in the eyes of international investors. It is noteworthy that S&P left the Türkiye credit rating assessment at 'stable' and mentioned the 'rebuilding of trust in TL' in particular for its increase.
As a result, in order for the dynamics of the Turkish economy to rise on solid foundations, predictability in monetary policy and the establishment of confidence in the Turkish lira are seen as the preliminary appearance. If interest rates are reduced again after these steps, the construction sector will be activated. Otherwise, the construction sector will remain far from exhibiting the expected performance,” he said.
