Uudiste arhiiv

 

Statistics: Number of permits for use for housing more than doubles in a year

04.11.2015
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 983 units of housing received permits for use in Estonia in Q3 2015. These are some of the highest levels in the past five years, more than double the number of permits for use a year…

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The residents of the Baltic States rarely move

27.10.2015
SEB Pank

Compared to the rest of Europe, the residents of the Baltic States rarely move house. People chiefly move for family-related reasons, reveals the new Baltic Household Outlook prepared by SEB. The residents of the Nordic countries move most often. As…

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Statistics: Growth in the aggregate total of wages outpacing loan balances

27.10.2015
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

Balances on loan private individuals’ loans in Estonia have begun to grow at accelerating rates. According to the Bank of Estonia, last August the balance on private individuals’ loans stood at 7.23 billion euros, up 3.5% year on year. Growth…

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Private individuals’ deposits have grown more equally in Estonia than in Latvia or Lithuania

23.10.2015
SEB Pank

The financial situation of households in the Baltic States has improved thanks to favourable changes on the labour market and growth in mean wages, reveals the new economic analysis of Baltic households by SEB. Growth in people’s savings has significantly…

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In Latvia and Estonia the highest growth of average wages among Baltics

21.10.2015
SEB Pank

Due to a reduction in labour taxes, average net (after tax) wages in the first half of 2015 in Estonia and Latvia rose at a quicker pace than gross wages. In Lithuania the average net wages rose a little bit…

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Moderate economic growth, yet risks have increased

14.09.2015
SEB Pank

Economic statistics for the past week revealed that the Estonian economy grew a lot more last year than was previously thought. The growth of GDP in the second quarter can also be regarded as being good. At the same time,…

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Swedbank flash comment Estonia : Weak foreign demand inhibits the economic growth in Estonia

08.09.2015
Swedbank

• GDP real growth 2% in the second quarter • Main contribution from private consumption, but investments decreased • Economic activities dependent on foreign demand (transportation and manufacturing) had the largest negative contribution to the GDP growth • Exports decreased…

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Swedbank flash comment: Estonia

07.09.2015
Swedbank

Cheaper energy behind deflation • Consumer prices dropped further in August • Cheaper energy behind the decline in prices • Inflation expected at -0.2% in 2015 and +1.9% in 2016 August deflation numbers were in line with our expectations. In…

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Swedbank: Wage growth accelerated

02.09.2015
Swedbank

Monthly gross wages amounted to 1,082 euros, +5.8%, yoy, in Q2. At the same time, net wages were up by 7.3% in real terms because of 0% inflation and lower labour taxes. The growth of gross wages accelerated from 4.5%…

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Employee numbers rising in spite of declining sales

01.09.2015
SEB Pank

The ending week will be remembered by many for the nervous decline of the stock markets. Despite these uncertain times, the global economy is on track for growth. In Estonia, initial data published for the economic performance of businesses in…

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Lower tax rates and prices lifted real wage income

01.09.2015
Eesti Pank

Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the…

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Labour market sends out contradictory messages

21.08.2015
SEB Pank

On Friday of last week, Statistics Estonia published data on the second quarter employment rate collected during the labour force survey. Messages received from the labour market are somewhat contradictory – employment grew significantly in comparison with the first quarter,…

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The housing affordability index (HAI) increased to 131.5 in Vilnius, 149.1 in Riga, and 144.1 in Tallinn

08.06.2015
Swedbank

In Tallinn, affordability rose marginally by 0.9 point in the first quarter this year compared with the same period in 2014, due to a 36-basis-point-decrease in interest rates. In Riga, the HAI increased by 2.1 points because wage growth outpaced…

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In 2014, average gross earnings grew in each of the Baltic States

11.05.2015

The state of the job market continues to improve, regardless of the slowing of economic growth and lower employment rate growth. Last year, the growth of average gross earnings was influenced by the increase in the minimum wage in each…

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Savings, real estate, and children: future pensioners of the Baltics rely on alternatives to the state pension

09.03.2015

According to the Baltic Retirement Readiness Index calculated based on an SEB survey, 90 percent of Estonian, Latvian and Lithuanian employed population hope to have alternatives (i.e. other sources of income) to the state pension. In reality, only a half…

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