Uudiste arhiiv

 

Swedbank flash comment Estonia: Rapid wage growth continues

25.11.2016
Swedbank

• Wage growth remained rapid in the 3rd quarter at 7%, over the year. • We expect average gross wage to slow to around 5% in 2017. In the 3rd quarter of 2016, the average monthly gross wage was 1,119…

Loe veel ›

Despite meagre GDP growth, several economic indicators have improved

14.11.2016
Swedbank

Economic growth in Estonia continued to be weak in the 3Q. According to the flash estimate, Estonian economy grew 1.1% yoy and 0.2% qoq (seasonally and calendar adjusted). The GDP has increased 1.1% yoy during the first three quarters. We…

Loe veel ›

Swedank flash comment Estonia – Long-awaited investment growth is starting to take off

08.09.2016
Swedbank

Statistics Estonia revised second-quarter annual GDP growth 0.2 percentage points up to 0.8%. Regular revision of last four years was also published and led to changes in real growth rates of previous years. 2012-2014 GDP growth was revised down 0.9…

Loe veel ›

Swedbank: Excessive wage growth continues

30.08.2016
Swedbank

Wage growth remained rapid in the second quarter at around 8%, over the year. We expect average gross wage to rise by around 5% in 2017. In the 2nd quarter of 2016, the average monthly gross wage was 1,163 euros…

Loe veel ›

Swedbank: Participation rate increased even further

12.08.2016
Swedbank

The number of inactive decreased by 19,000 people, over the year, in the second quarter of this year. In addition to tight labour market, inactivity declined due to state reforms – an increase in the retirement age and the rearrangement…

Loe veel ›

Consumer prices continued to decline in the first half of 2016

07.07.2016
Swedbank

Cheaper energy and food behind the decline in prices Price growth is expected to be flat in 2016 In June 2016, consumer prices decreased by 0.4%, year on year, in Estonia. Goods were 0.6% and services 0.1% cheaper compared to…

Loe veel ›

Acceleration of the economic growth was not broad based

09.06.2016
Swedbank

Statistics Estonia did not revise the GDP growth of 1Q2016 with its second estimate: it remained 1.7% yoy and flat qoq (swda) in real terms. Despite the fall in prices, GDP growth reached to 3% in nominal terms (2.5% in…

Loe veel ›

SEB to issue home loans guaranteed by KredEx for the improvement of energy efficiency

07.06.2016
Kredex

SEB will begin to issue home loans to clients who are borrowing to buy, build or renovate their existing homes to make them more energy efficient and who wish to use a guarantee from KredEx for that purpose. “Any investment…

Loe veel ›

Swedbank: Purchasing power increased by almost 10%

25.05.2016
Swedbank

Wage growth accelerated further in the first quarter. A surge in purchasing power supports consumption but hurts enterprises’ profitability. In the 1st quarter of 2016, the average monthly gross wage was 1,091 euros in Estonia, up by 8.1% over the…

Loe veel ›

Acceleration of GDP growth was expected

12.05.2016
Swedbank

According to the flash estimate of Statistics Estonia, GDP growth in Estonia accelerated to 1.7% yoy in 1Q 2016, while compared to the previous quarter (seasonally and working day adjusted) remained flat. On the supply side, continued robust growth of…

Loe veel ›

Consumer prices decreased by 0.5% in 2015

09.01.2016
Swedbank

Cheaper energy behind the decline in prices Inflation expected at around 1% in 2016 Consumer prices decreased by 0.5% in Estonia in 2015. Consumer prices declined due to lower energy prices. Motor fuels were 14%, heat energy 4%, and electricity…

Loe veel ›

SEB: Export in need of momentum

18.12.2015
SEB Pank

The busy statistics calendar of the past weeks has not made it possible to give due attention to everything that is important. Consequently, this weekly commentary will address the foreign trade and registered unemployment statistics, were published already at the…

Loe veel ›

Strong wage increase and slow economic growth do not go well together

01.12.2015
SEB Pank

The strong wage increase in the third quarter is good news for a working person. Increasing employment and average wages, on the other hand, are a bit mystifying against stagnant corporate income and near-zero growth in the third quarter. Upward…

Loe veel ›

Economic growth or economic standstill

25.11.2015
SEB Pank

Several important economic indicators were updated last week. The new GDP flash estimate for the third quarter indicates that instead of picking up speed, as was expected at the beginning of the year, economic growth is instead beginning to freeze.…

Loe veel ›

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…

Loe veel ›

1 2 3 … 12 13 14 15