Türkiye’s Top Economic Officials Focus on Housing Supply, Inflation Progress

Türkiye’s Economic Coordination Board (EKK) convened on Wednesday for its fourth meeting of 2025, addressing housing affordability, disinflation progress, and export competitiveness amid global economic uncertainty. The high-level meeting was chaired by Vice President Cevdet Yılmaz and included key ministers and central bank officials, according to an official statement.

Housing Supply Measures in Focus Amid Rising Costs

Amid persistent pricing pressures in the real estate market, the EKK discussed new policies to expand the national housing supply. The board reviewed trends in housing and rental prices, highlighting the urgency of addressing affordability concerns that have grown in recent years.

The statement emphasized the need for concrete action to ease supply constraints and ensure more equitable access to housing for Turkish households.

Disinflation Remains On Track, Says EKK

The EKK reaffirmed that Türkiye’s disinflation process, which began in June 2024, remains on course. Aggressive monetary tightening since mid-2023, combined with favorable energy prices, has helped bring annual inflation down to 35.4% in May, compared to nearly 75% a year earlier.

Officials credited the government’s medium-term economic program with stabilizing inflation, strengthening macroeconomic foundations, and boosting economic resilience.

Structural Reform: Food, Energy, and Exports Under Review

The meeting also focused on structural reforms across critical sectors, including:

• Food and energy markets, where supply chain stability and cost controls remain priorities.

• Policies to reduce energy import dependence, a key driver of Türkiye’s current account deficit.

• Export competitiveness, seen as vital to weathering global trade protectionism and rising geopolitical risk.

Investment Incentives to Drive Regional Growth

The board emphasized continued efforts under the new Investment Incentive System, aimed at encouraging value-added production, attracting foreign capital, and fostering regional development. The initiative is designed to create a more balanced and innovation-driven economic environment.

Türkiye’s top economic authorities are doubling down on efforts to expand housing availability, sustain disinflation, and boost export resilience. As inflation eases and structural reforms deepen, the government aims to strike a balance between price stability, supply-side growth, and inclusive economic development.