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: Middle class in the Baltics

24.09.2018
Swedbank

The Baltics get closer to the Western middle class income standard, but income inequality remains an issue A strong and well-off middle class, a sign of lower income inequality, important for economic growth Middle class incomes have grown substantially in…

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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: Second quarter’s unemployment rate the lowest in 10 years

15.08.2018
Swedbank

Employment rose rapidly but only among the part-time workers The unemployment rate decreased more than expected The shortage of labour has reached the levels of last economic boom Employment rose rapidly but only among the part-time workers The number of…

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BRE: The legendary Pirita SPA Hotel is undergoing alterations to become the leading recreation and entertainment centre

15.08.2018
Baltic Real Estate / BRE

The Pirita SPA Hotel, which has delighted guests for nearly 40 years now, will be undergoing significant updates to provide more active recreation options for local families and foreign tourists alike. The spa hotel, which was recently acquired by Purje…

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Uus Maa: Market review May 2018

15.06.2018
Uus Maa

The unusually warm, sunny and dry May still did not have enough power to reverse the transactions agreed earlier. Greatly thanks to the new developments in Harju County, for the third time in the past five years, over 2,000 transactions…

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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: Demand for labour remains strong

15.05.2018
Swedbank

Higher economic activity lifted employment. The number of the inactive declined substantially and the unemployment rate grew due to a labour market reform. According to Statistics Estonia, employment increased by 0.6% despite a strong base effect last year. Employment rose…

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Swedbank: Estonian enterprises need to put more effort in to improve their productivity growth

26.04.2018
Swedbank

In a post-crisis period, the growth of Estonian labour productivity has been weak Estonian labour productivity is lower than majority of European Union member states Estonia is losing price competitiveness against main trade partners After the recovery from the financial…

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Uus Maa: Market review March 2018

18.04.2018
Uus Maa

March has traditionally been the month of enlivenment in the real estate market – in the past five years, in average, 316 flats more have been sold in comparison to January and February. There were 1836 transactions this March, i.e.…

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Swedbank: Increasing Estonian exports’ market share in Finland will be more challenging

13.03.2018
Swedbank

Estonia’s exports to Finland are the most diversified among the largest trade partners Exported goods from Estonia have gained market share on the Finnish market Estonia is losing its price competitiveness against Finland Finland is Estonia’s largest export partner. Among…

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Swedbank: Wage growth was rapid and broad-based

02.03.2018
Swedbank

The growth of the average gross wage decelerated to 6.5% in 2017. Swedbank expects the average gross wage to grow by 6% and the real net wage by 9% in 2018. The growth of the average gross wage decelerated to…

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Swedbank: Higher employment and lower unemployment rate

15.02.2018
Swedbank

Labour market has become even tighter. Employment increased by 2.2% and the unemployment rate decreased further to 5.8% in 2017. Last year brought good news for Estonian employees. Higher economic activity lifted demand for labour. Employment increased by 2.2% and…

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