Uudiste arhiiv

 

Swedbank: Wage growth was rapid and broad-based

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

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

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

EstateGuru entered the Spanish market

Estateguru

As the economies of the European Union’s countries are on a rising trend, one cannot underestimate the growth of the Spanish market. According to CBRE, the Spanish economy has an expected growth of 2.5% compared to the European average 1.6%.

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

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

Uus Maa: Market review december 2017

Uus Maa

Active December added an impressive final touch to another year of growth in the real estate market. 1942 transactions were made in December, which was more than average across the year, but the median price of the transactions increased to

Swedbank: Inflation accelerated to 3.4% in 2017

Swedbank

Inflation picked up last year due to higher commodity prices and an increase in excise tax rates. Higher excise taxes added 0.9 percentage point to inflation in 2017. Among different products and services, food and non-alcoholic beverages contributed the most.

Swedbank: Housing affordability remains high in all three Baltic capitals in the third quarter of 2017

Swedbank

The housing affordability index (HAI) increased to 148.6 in Tallinn, 177.2 in Riga, and 124.8 in Vilnius. In Tallinn, affordability increased by 2.9 point in the third quarter of 2017 compared with the same period in 2016, as apartment price

Uus Maa: Market review november 2017

Uus Maa

Classics would describe the November market review as ‘All Quiet on the Western Front’. November did not have any surprises in store for the market, the aftermarket activity was good, and real right contracts for new developments were mostly concluded

Swedbank: Heart-warming growth is a poor excuse to postpone reforms

Swedbank

Growth at its cyclical peak Productivity is the key to income convergence in the Baltics Sustainable development – where do we stand? Universal basic income – utopia or an urgent necessity? Growth at its cyclical peak The upswing in global

Swedbank: Robust GDP growth continued in 3Q2017 as expected

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

Swedbank: Wage growth remained rapid in Q3

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

EstateGuru sells the collateral of its first defaulted loan

Estateguru

EstateGuru has taken possession of its first defaulted loan’s collateral and has started the sales process to regain investors’ funds. In October, Toome avenue development loan in the amount €224,000 reached its maturity date, however the borrower had become insolvent

Swedbank Economic Outlook Update – November 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

Swedbank: The housing affordability index improved in all three Baltic capitals in the second quarter of 2017

Swedbank

The housing affordability index (HAI) increased to 159.9 in Tallinn, 183.5 in Riga, and 129.4 in Vilnius. In Tallinn, affordability increased by 0.2 point in the second quarter of 2017 compared with the same period in 2016, as wage growth

Poorer than their parents: the struggles of Europe’s young

Swedbank

Hit most by great recession and rising house prices Upcoming challenges: population ageing and tech revolution Negative effects on growth, public finances, and political stability In some respects, the current young Europeans can be thought of as lucky. They are