Uudiste arhiiv

Swedbank: Wage growth remained rapid in Q3

30.11.2017 Adaur.ee

Sildid: Accor, consumption, economy, energy, Estonia, Estonian, House, import, price, purchasing power, retail sale, 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…

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Swedbank Economic Outlook Update – November 2017

09.11.2017 Adaur.ee

Sildid: consumption, economy, export, interest rate, price, 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…

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Swedbank: Economic growth in 2Q was the fastest of the last six years: 5.7% yoy

31.08.2017 Tõnu Mertsina

Sildid: CKE, consumption, Estonia, Estonian, export, Swedbank, Tõnu Mertsina, transport

We expected continued robust GDP growth in the second quarter, but 5.7% yoy (1.3% qoq swda) was above expectations. As inflation has picked up, GDP nominal growth accelerated to 10.2% yoy. Statistics Estonia revised up GDP levels and growth rates…

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Nordic Outlook: favourable trends in the global economy foster faster growth for Estonia

30.08.2017 Mihkel Nestor

Sildid: consumption, Coop, economy, Estonia, Europe, export, House, import, Lithuania, Liven, Mihkel Nestor, Nion, Russia

The economic trends have been favourable lately. In the first half of the year, Estonia’s economic growth reached figures we last saw in 2012, when we were recovering from the deep economic crisis. Estonia’s economy is very much dependent on…

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Swedbank: Tight labour market lifts wages

30.08.2017 Adaur.ee

Sildid: Accor, consumption, economy, energy, Estonia, Estonian, House, import, price, purchasing power, retail sale, Swedbank

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%, over…

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Inflation accelerated in the first half of the year

07.07.2017 Adaur.ee

Sildid: consumption, energy, Estonia, House, price, purchasing power

Inflation accelerated to around 3% in the first half of the year in Estonia. The contribution of food and non-alcoholic beverages increased substantially in recent months. Food and non-alcoholic beverages amount to a quarter of household expenditure, on average. In…

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Swedbank: Winds of change in the retail market

16.06.2017 Adaur.ee

Sildid: Accor, consumption, Estonia, FIE, House, purchasing power, Swedbank

Profitability remains a concern Developments across subsectors vary Challenges ahead Sales are on the rise, but profitability remains a concern Retail trade enterprises expect their sales to rise (by 6.1% in 2017, according to a recent Swedbank survey), and they…

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Swedbank: GDP growth in Estonia – the fastest in five years

31.05.2017 Adaur.ee

Sildid: consumption, Estonia, export, House, import, price, Swedbank, Tallink, transport

Accelerated export growth and robust recovery of investments contributed to the GDP growth On the output side, manufacturing, construction and domestic trade contributed the most We expect that GDP growth remains robust in 2017, but decelerates compared to the 1st…

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Swedbank: Slower growth of wages reduces macroeconomic risks

29.05.2017 Adaur.ee

Sildid: Accor, consumption, economy, energy, Estonia, Estonian, export, FIE, House, import, pension, price, purchasing power, retail sale, Swedbank

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%,…

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Swedbank Economic Outlook – April 2017

06.04.2017 Adaur.ee

Sildid: consumption, economy, export, House, interest rate, price, Swedbank, TREA

Global: Signs of a considerable cyclical upturn in advanced economies. Inflation pressure increases, but remains low in many regions. Political risks remain although they have decreased somewhat. Sweden: Growth broadens as an upswing in exports is paired with the strong…

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Flash comment: Estonia – Wage growth accelerated in 2016

02.03.2017 Liis Elmik

Sildid: consumption, energy, Estonia, export, House, pension, price, purchasing power

Average wages grew in all economic sectors. We expect the growth of average gross wages to slow from 7.6% in 2016 to around 5% in 2017. The growth of average gross wage accelerated to 7.6% in 2016. Net average wages…

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Economic growth in the last quarter of 2016 was above expectations

28.02.2017 Adaur.ee

Sildid: consumption, economy, Estonia, Estonian, export, FORT, House, import, price, transport

In 2016, economic growth reached 1.6% in Estonia. Compared to 2015 it is a 0.2 percentage point increase, but nothing to be too proud of yet. Nominal growth of GDP accelerated from 2.5% in 2015 to 3.3% in 2016. In…

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SEB’s economic forecast: Faster growth despite political squalls

08.02.2017 Mihkel Nestor

Sildid: Accor, aktsia, consumer price, consumption, economy, eksport, erasektor, Estonia, Estonian, Euroopa, Euroopa Keskpank, Europe, export, hinnakasv, import, inflatsioon, interest rate, intress, investeering, kaubandus, keskkond, kindlustunne, kokkulepe, kontroll, kriis, laen, majanduskasv, Mihkel Nestor, mõis, Nion, nõudlus, omavalitsus, palgatõus, palk, pank, plaan, põhivara, poliitika, price, prognoos, Restor, riik, Rootsi, seadus, sektor, SKP, Soome, stabiilsus, tarbija, toetus, tööturg, töötus, töötuse määr, töövõimereform, TREA, tulumaks, väärtus, valitsus

Notwithstanding political squalls blowing louder than ever, the global economy is forging ahead. The acceleration in economic growth and inflation are bringing us closer to an environment that we are accustomed to seeing as normal. Nevertheless, the spreading of protectionist…

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Estonia Flash comment: Investments and inventories had the strongest negative impact on GDP growth in the third quarter

09.12.2016 Adaur.ee

Sildid: Accor, consumption, economy, energy, Estonia, Estonian, export, import, transport

Statistics Estonia revised up to 1.3% its second estimate of the third quarter yoy GDP real growth in Estonia (flash estimate was 1.1%). Compared to the previous quarter, GDP grew by 0.2% (swda). Economic growth has decelerated a bit this…

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Baltic Sea Region Report

08.12.2016 Adaur.ee

Sildid: consumption, economy, Estonia, export, FIE, House, import, Lithuania, price, Russia, standard, transport

Half-hearted reforms will not raise competitiveness and boost growth • Mind the risks to long-term growth • Exports hold the key to future growth in the Baltics • The services sector – stronger, smarter and more diversified Mind the risks to…

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Uudiste arhiiv

Swedbank: Wage growth remained rapid in Q3

Swedbank Economic Outlook Update – November 2017

Swedbank: Economic growth in 2Q was the fastest of the last six years: 5.7% yoy

Nordic Outlook: favourable trends in the global economy foster faster growth for Estonia

Swedbank: Tight labour market lifts wages

Inflation accelerated in the first half of the year

Swedbank: Winds of change in the retail market

Swedbank: GDP growth in Estonia – the fastest in five years

Swedbank: Slower growth of wages reduces macroeconomic risks

Swedbank Economic Outlook – April 2017

Flash comment: Estonia – Wage growth accelerated in 2016

Economic growth in the last quarter of 2016 was above expectations

SEB’s economic forecast: Faster growth despite political squalls

Estonia Flash comment: Investments and inventories had the strongest negative impact on GDP growth in the third quarter

Baltic Sea Region Report

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