Kinnisvarakool: Kinnisvaramaakleri stardiprogramm
Kinnisvarakool: Eluruumi üürimise ABC
Kinnisvarakool: Planeerimis-ehitusvaldkonna spetsialisti täiendõppeprogramm
Kinnisvarakool & koolitus: Varjatud puudused kinnisvaratehingutes: ostja õigused, müüja kohustused ja müügigarantii praktikas

Swedbank: Wage growth accelerated

02.09.2015
  • SwedbankMonthly gross wages amounted to 1,082 euros, +5.8%, yoy, in Q2.
  • At the same time, net wages were up by 7.3% in real terms because of 0% inflation and lower labour taxes.

The growth of gross wages accelerated from 4.5% in Q1 to 5.8% in Q2. Irregular bonuses and premiums increased by 2.9% per employee and contributed to the growth of wages by 0.1 percentage points.

swed1

Wages increased in almost all sectors, except for construction which has been hit by low demand. Construction volumes have decreased for two years by now. The largest increases in average monthly wages took place in sectors that sell their products and services mainly in the domestic market, such as real estate, agriculture,  tourism, entertainment, education, and healthcare.

Households’ real purchasing power will grow markedly this year. Although the growth of gross wages will slow a bit compared to last year (+5% in 2015, according to our forecast), smaller labour taxes and deflation will result in a remarkable surge in the households’ purchasing power. Net wages were up by 7.1% in real terms in the first half of the year.

A rise in wages and social benefits will support private consumption, which will be the biggest contributor to GDP growth in 2015. Consumption is a thankworthy support to Estonia’s economic growth as exports and investments remain weak. Consumption-fuelled growth cannot last long, however. Therefore, if export sales will not improve, the growth of wages will slow.

swed2

Seonduvad uudised

  • 29.05.2017 Swedbank: Slower growth of wages reduces macroeconomic risks
    The growth of average monthly gross wages slowed to 5.7% in the first quarter. We expect gross wages to grow by around 6% this year. The growth of the average gross monthly wage decelerated from 7.6% in 2016 to 5.7%,…         
  • 07.10.2021 Swedbank: Inflation accelerated further in Estonia
    In September, consumer prices increased by 6.6%, over the year. 60% of the increase in prices came from energy products, especially more expensive electricity and motor fuels.  Wages and pensions have risen at least as much as prices.  Higher price         
  • 30.08.2017 Swedbank: Tight labour market lifts wages
    Wage growth will remain relatively high as labour demand increases more than supply. Nevertheless, the gap between wage and productivity growth rates will narrow this year. The growth of the average gross wage accelerated in the second quarter (+6.8%         
  • 28.02.2020 Swedbank: Last year’s economic growth surprised on the upside
    In 2019, Estonian GDP growth was 4.3% y/y in real terms and 7.7% y/y in nominal terms. Although, the growth slowed from previous year, it was still strong and exceeded our expectations – our forecast, published in January, was 3.7%.         

Meist

Tõnu Toompark on kinnisvaraanalüütik, -konsultant ja koolitaja, kelle tegevusvaldkonnad on valdavalt: * elamispindade turg, turutrendid, tehingud, hinnad ning turuülevaated; * uute korterite arendamise mahud, müük, hinnad ja analüüsid; * üürituru pakkumine, tehingud ja hinnad ning üüriinvesteeringud, tasuvusarvutused; * elamispindade kättesaadavus numbrilisena; * koolitused eeltoodud valdkondades. Koolituste valdkonnaga on Tõnu Toompark seotud üle 25 aasta. Ta on avaldanud sadu ja sadu kinnisvarateemalisi analüüse, artikleid ja kommentaare. Tõnu Toompark on läbi viinud koolitusi nii kesk-, kutse-, kõrg-, kui ülikoolides, lisaks mitmetes koolitusettevõtetes. Näiteks Kinnisvarakool, Tallinna Tehnikaülikool, Eesti Ettevõtluskõrgkool Mainor, Estonian Business School, Tartu Ülikool, Tallinna Majanduskool.

Sildid: , , , , , ,
Kinnisvarakool: Kasutusluba praktikas – vajalikud dokumendid, menetlus ja probleemide lahendamine