Uudiste arhiiv

 

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,

Consumer prices decreased by 0.5% in 2015

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

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

The housing affordability index (HAI) increased to 130.9 in Vilnius, 159.8 in Riga, and 146.8 in Tallinn

Swedbank

In Tallinn, affordability rose by 4.9 points in the third quarter of this year compared with the same period in 2014, mainly due to a 7.9% rise in net wages, which was higher than apartment price growth for the first

The residents of the Baltic capitals can afford an increasingly large flat in dormitory suburbs

SEB Pank

A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger standard flats of dormitory suburbs than a year ago. SEB home purchasing power index*

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

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

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

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.

The residents of the Baltic States rarely move

SEB Pank

Compared to the rest of Europe, the residents of the Baltic States rarely move house. People chiefly move for family-related reasons, reveals the new Baltic Household Outlook prepared by SEB. The residents of the Nordic countries move most often. As

Statistics: Growth in the aggregate total of wages outpacing loan balances

Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

Balances on loan private individuals’ loans in Estonia have begun to grow at accelerating rates. According to the Bank of Estonia, last August the balance on private individuals’ loans stood at 7.23 billion euros, up 3.5% year on year. Growth

In Latvia and Estonia the highest growth of average wages among Baltics

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

Eastern European Outlook, October 2015

SEB Pank

The dual-track economic picture in Eastern (including Central) Europe will persist over the next two years. Conflict-plagued Russia and Ukraine will show continued weakness. In Russia, recession will linger during 2016 too, as plunging oil prices rebound only weakly and

SEB: Residents of Baltic capitals have improved financial options for buying flats

SEB Pank

A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger flats than a year ago. The SEB home purchasing power index* has improved thanks

Swedbank: Risks at the housing market

Swedbank

Growth of house prices one of the fastest in Europe House prices have grown faster than households’ incomes Surge in supply should slow future price growth Growth of house prices one of the fastest in Europe Of the 27 countries