Uudiste arhiiv

 

Swedbank Flash comment: Wage growth remains rapid and broad-based

30.11.2018
Swedbank

In the third quarter, the average full-time gross wage amounted to EUR 1291, up by 7.5%, in a year. Median wage reached EUR 1000, +10.0%, over the year, according to the Tax Board. The average gross wage increased in all…

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Swedbank: Estonian GDP growth accelerated to 3.7% in the 2nd quarter

03.09.2018
Swedbank

Real GDP growth in Estonia accelerated to 3.7% yoy in the second quarter of 2018. The growth was stronger than in the first quarter (3.3%). In the first half, GDP growth was 3.5% in real terms. The acceleration of the…

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Swedbank: Wage growth decelerated in the 2nd quarter

29.08.2018
Swedbank

In the second quarter, the average full-time gross wage amounted to EUR 1321, up by 6.4%, in a year Swedbank expects gross wage to grow by 6.6% in 2018 and by 6.0% in 2019 Consumption remains moderate Wage growth decelerated…

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Swedbank: Deceleration of economic growth in 1Q2018 was expected

31.05.2018
Swedbank

GDP growth in Estonia decelerated to 3.6% yoy in 1Q2018 in real terms. The slowdown was expected, as close to 5% growth in 2017 was above the potential, by far. Nominal GDP growth decelerated to 8%, but it’s still very…

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Swedbank: Wage growth accelerated in the first quarter

30.05.2018
Swedbank

The growth of the average gross wage accelerated to 7.7%, over the year, in the first quarter of 2018. Families’ assessment of their financial situation is the highest on record. Rapid wage growth continued in the first quarter, around 8%,…

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Swedbank: Estonia’s GDP growth was broad-based and the fastest of last six years

01.03.2018
Swedbank

In 2017, Estonia’s GDP growth accelerated to 4.9% in real terms and to 9% in nominal terms. Economic growth was the fastest of last six years. The growth exceeded our expectations (our recent forecast in January was 4.4%). The growth…

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Economic overview of SEB in the Nordic countries: strong and broad-based economic growth

07.02.2018
SEB Pank

The rapid and broad-based strengthening of the world economy that occurred in 2017 has exceeded expectations. High employment rates and increasing wealth sparks optimism in people, which is apparent in the increased spending of households. Improved demand has increased the…

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Swedbank: Robust GDP growth continued in 3Q2017 as expected

30.11.2017
Swedbank

In 3Q2017 Estonian GDP expanded 4.2% yoy and 0.3% qoq (swad) in real terms. In nominal terms, GDP increased by 8.9% yoy. During the first three quarters, GDP has increased by 4.8% yoy in real terms. The major contribution to…

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Swedbank: Wage growth remained rapid in Q3

30.11.2017
Swedbank

Wage growth remains relatively high as labour demand increases more than supply. Swedbank expects the average gross wage to grow by around 5% and the real net wage by close to 9% in 2018. The growth of the average gross…

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Swedbank Economic Outlook Update – November 2017

09.11.2017
Swedbank

Swedbank Economic Outlook presents the latest economic forecasts for Sweden, the Nordic and Baltic countries and the major global economies. In this update, current issues that have a bearing on economic developments are analysed. Global – Strong growth momentum The…

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Swedbank: Economic growth in 2Q was the fastest of the last six years: 5.7% yoy

31.08.2017
Swedbank

We expected continued robust GDP growth in the second quarter, but 5.7% yoy (1.3% qoq swda) was above expectations. As inflation has picked up, GDP nominal growth accelerated to 10.2% yoy. Statistics Estonia revised up GDP levels and growth rates…

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Nordic Outlook: favourable trends in the global economy foster faster growth for Estonia

30.08.2017
SEB Pank

The economic trends have been favourable lately. In the first half of the year, Estonia’s economic growth reached figures we last saw in 2012, when we were recovering from the deep economic crisis. Estonia’s economy is very much dependent on…

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Swedbank: Tight labour market lifts wages

30.08.2017
Swedbank

Wage growth will remain relatively high as labour demand increases more than supply. Nevertheless, the gap between wage and productivity growth rates will narrow this year. The growth of the average gross wage accelerated in the second quarter (+6.8%, over…

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Inflation accelerated in the first half of the year

07.07.2017
Swedbank

Inflation accelerated to around 3% in the first half of the year in Estonia. The contribution of food and non-alcoholic beverages increased substantially in recent months. Food and non-alcoholic beverages amount to a quarter of household expenditure, on average. In…

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Swedbank: Winds of change in the retail market

16.06.2017
Swedbank

Profitability remains a concern Developments across subsectors vary Challenges ahead Sales are on the rise, but profitability remains a concern Retail trade enterprises expect their sales to rise (by 6.1% in 2017, according to a recent Swedbank survey), and they…

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