Uudiste arhiiv

 

Swedbank: Purchasing power increased by almost 10%

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

Labour market data stronger than expected

Swedbank

In Q1 2016, employment increased due to a higher number of part-time workers. Unemployment rate was slightly smaller than one year ago. We still expect unemployment rate to grow and employment to decline a bit in 2016. First quarter’s labour

SEB: Negative interest rates – what does it mean?

SEB Pank

There are an increasing number of media mentions about negative interest rates as more developed countries across the globe are entering a negative interest rates territory. Five central banks – the European Central Bank (ECB), the Denmark’s National bank, the

Acceleration of GDP growth was expected

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

Economic growth slowed to 1.1% in 2015

Swedbank

In 2015, economic growth amounted to 1.1% in Estonia as the volumes of stocks and exports decreased. We expect GDP growth to accelerate to 2.3% in 2016 on the back of higher exports and investments. In 2015, economic growth reached

Unemployment rate on the rise

Swedbank

Employment and unemployment both increased in Q4 of 2015. In 2016, we expect unemployment rate to grow and employment to decline a bit. Unemployment rate increased a bit to 6.4% in the last quarter of 2015 (6.2% in 2015 as

Weak export demand behind the sluggish economic growth

Swedbank

According to the flash estimate of Statistics Estonia, GDP grew by 0.7% yoy in Estonia in 4Q 2015. The growth rate met our expectations. Compared to the previous quarter, GDP grew by 1.2% (seasonally and working day adjusted). In 2015,

SEB: Export in need of momentum

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

Higher growth requires courage to make investments

SEB Pank

The week was once again packed with economic activity. Reviewed data on the GDP for Q3 were published, unfortunately there were no major changes – the economic growth estimation was increased from 0.5% to 0.7% year on year. Worse-than-expected economic

Economic growth in Estonia decelerates sharply in the 2H2015

Swedbank

According to the second estimate by the Statistics Estonia, the GDP growth in Estonia decelerated to 0.7% yoy in 3Q2015, while compared to the previous quarter the GDP decreased by 0.4% (seasonally and working-day adjusted). Primarily construction, transport and manufacturing

Wages rose despite the weak growth in the economy

Eesti Pank

Both seasonally adjusted quarterly wage growth and average annual wage growth were faster than in the second quarter Wages in accommodation and catering rose by 16.9% Data from Statistics Estonia show that the average gross monthly wage was up 6.9%

Economic growth or economic standstill

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.

Labour market has tightened further

Swedbank

Finding suitable labour is increasingly difficult for Estonian employers, therefore, wage pressures persist even when enterprises sales and profits have decreased. Labour shortage was perceived as the biggest business constraint among the 18% of service, 17% of construction, and 14%

GDP growth smaller than expected

Swedbank

GDP growth slowed more than expected, from 1.9% in the second quarter to 0.5% in the third quarter, year on year. Quarter-on-quarter change in GDP volumes was negative: -0.5%. During the first 9 months of the year, GDP in Estonia

Large Estonian enterprises’ optimism over doing business has grown

SEB Pank

SEB’s pan-Baltic survey of CFOs of large enterprises indicates an improved assessment of the business climate; however, Estonian enterprises remain more conservative in their forecasts than their neighbours to the south. The main concerns for large Estonian enterprises are low

Kas soovid värsket kinnisvarainfot meilile?

Sisesta e-posti aadress ja ole kursis kinnisvaraturu liikumistega!

Kinnisvarakoolis järgmisena:

14.11.2024 Korteriühistu revisjonikomisjoni töö korraldamine