Uudiste arhiiv

 

Acceleration of the economic growth was not broad based

09.06.2016
swedbank

Statistics Estonia did not revise the GDP growth of 1Q2016 with its second estimate: it remained 1.7% yoy and flat qoq (swda) in real terms. Despite the fall in prices, GDP growth reached to 3% in nominal terms (2.5% in…

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Swedbank: Purchasing power increased by almost 10%

25.05.2016
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…

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Consumer prices decreased by 0.5% in 2015

09.01.2016
swedbank1

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…

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Moderate economic growth, yet risks have increased

14.09.2015
seb pank

Economic statistics for the past week revealed that the Estonian economy grew a lot more last year than was previously thought. The growth of GDP in the second quarter can also be regarded as being good. At the same time,…

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Swedbank flash comment: Estonia

07.09.2015
swedbank

Cheaper energy behind deflation • Consumer prices dropped further in August • Cheaper energy behind the decline in prices • Inflation expected at -0.2% in 2015 and +1.9% in 2016 August deflation numbers were in line with our expectations. In…

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Employee numbers rising in spite of declining sales

01.09.2015
seb pank

The ending week will be remembered by many for the nervous decline of the stock markets. Despite these uncertain times, the global economy is on track for growth. In Estonia, initial data published for the economic performance of businesses in…

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Lower tax rates and prices lifted real wage income

01.09.2015
eesti pank

Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the…

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The fall in prices in June was caused by external factors

07.07.2015
eesti pank

Data from Statistics Estonia show that the consumer price index was 0.1% lower in June than a year earlier and 0.2% lower than a month earlier. Preliminary estimates show that harmonised consumer price index inflation in the euro area slowed…

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Stable prices make saving attractive even with low interest rates

25.05.2015
seb pank

Rapid inflation, both before and after the economic crisis, made borrowing favourable in each of the Baltic States and reduced the point of depositing money – due to the rapid decrease in the purchasing power of money, real interest rates…

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SEB analysis: a resident of Tallinn on an average income can only buy a standard apartment 8.1 square metres smaller than a resident of Riga

17.03.2014

According to the SEB housing purchasing power index, in the last quarter of 2013 the accessibility of housing improved in both Vilnius and Riga but declined in Tallinn. In the last quarter of 2013, a resident of Riga on an…

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Statistics: Housing expenses have increased 8% within a year

05.12.2013
tonu toompark

According to Statistics Estonia the consumer price index of October is 1,5% higher than that one year ago. At the same time housing expenses have increased as much as 8% in one year. By today, in comparison with the year…

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Inflation In Estonia At 3.9 Per Cent Y-o-Y In June 2012

07.07.2012

According to a report in the Estonian Press Digest from News2Biz,  CPI (consumer price index) in other words inflation, in Estonia in June 2012 has seen a 3.9 per cent y-o-y increase, a small rise on the previous month’s y-o-y figure of…

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