Uudiste arhiiv

Swedbank: Estonian economy rebounded rapidly in the third quarter

30.11.2020 Adaur.ee

Sildid: Accor, CKE, EAS, economy, Estonia, export, hind, House, import, rate, Swedbank, transport

In the third quarter of 2020, Estonian economy dropped by 1.9% y/y in real terms (seasonally and working day non-adjusted). Seasonally and working day adjusted GDP rose by 3.3% q/q. The result was close to our expectations. In the first…

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Swedbank: Unemployment rate increased in the third quarter in Estonia

13.11.2020 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, pension, rate, Swedbank

The unemployment rate increased in the third quarter in Estonia and is expected to rise further during the winter months. According to Statistics Estonia, employment fell by 3.6% in the third quarter, over the year, mostly in the services’ sector,…

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Swedbank: Deflation continued in September

08.10.2020 Adaur.ee

Sildid: EAS, economy, Estonia, linn, price, Swedbank, Tallinn, transport

• Deflation amounted to 1.1% in Estonia in September, over the year. • We expect prices to decline by 0.4% in 2020. In September, the fall in consumer prices deepened from 0.9% in August to 1.1% in September. Food prices increased…

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Estonian economy dropped less than expected in Q2

31.08.2020 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, export, hind, House, import, Marianna Rõbinskaja, Swedbank, transport

In the second quarter of 2020, Estonian economy dropped by 6.9% y/y in real terms and 8.4% in nominal terms. Seasonally and working day adjusted GDP dropped by 5.6% q/q. The result exceeded our expectations on the upside. In the…

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Swedbank: Situation in the labour market has deteriorated in Estonia

14.08.2020 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, export, rate, Swedbank

The unemployment rate increased moderately in the second quarter but has been stable since then. We expect the unemployment rate to reach around 8% this year and then decrease again next year. According to Statistics Estonia, employment fell by 3.6%…

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The steep decline in taxes contracted Estonian GDP in the first quarter

29.05.2020 Adaur.ee

Sildid: EAS, economy, Estonia, export, House, import, rate, Swedbank

In Estonia, GDP contracted 0.7% yoy (non-adjusted) and 3.7% qoq (seasonally and working day adjusted) in 1Q The steep fall in VAT and excise taxes contributed negatively, while the gross value added increased 2% yoy. There were more economic activities…

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Estonian Real Estate Market review, April 2020

26.05.2020 Adaur.ee

Sildid: EAS, economy, Estonia, Estonian Real Estate, House, KV.EE, linn, maa, Narva, Pärnu, price, Saaremaa, Tallinn, Tartu

If the market overview of March already mentioned the impact of the emergency situation in the second half of the month, the statistics of April transactions was fully impacted by it. However, in the last week of the month, increased…

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Swedbank: The unemployment rate should peak this autumn

15.05.2020 Adaur.ee

Sildid: Accor, EAS, economy, rate, Swedbank, transport

• Labour market figures were still strong before the crisis. • Data has deteriorated rapidly since March. Corona crisis did not affect Q1 data Q1 labour market survey was carried out between January and March, i.e. before the crisis hit.…

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Estonian Real Estate Market review, March 2020

22.04.2020 Igor Habal

Sildid: Accor, EAS, economy, ERR, Estonia, Estonian Real Estate, House, linn, Narva, Pärnu, Põlva, price, Tallinn, Tartu, Valga

The overview of real estate market in March cannot escape the topic of coronavirus COVID-19 outbreak which started to influence the market considerably from the second half of the month. Estonian Real Estate Market in March 2020 As the majority of transactions…

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Pro Kapital: Harju County Court initiated reorganisation proceedings of AS Tallinna Moekombinaat

03.04.2020 Pro Kapital Grupp

Sildid: Accor, Coop, EAS, economy, ERR, Estonia, House, investor, Kristiine, Kristiine City, kvartal, linn, price, Pro Kapital, rate, Selver, T1 Mall of Tallinn, Tallinn, Vilnius

On 31 March 2020 the owner and operator of T1 Mall of Tallinn shopping centre, AS Tallinna Moekombinaat (TMK, a group subsidiary of AS Pro Kapital Grupp), submitted an application to Harju County Court for commencement of reorganisation proceedings with…

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Swedbank: Wage growth should ease in 2020

03.03.2020 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, export, rate, Swedbank

Wage growth remained relatively rapid and broad-based in the fourth quarter. Statistics Estonia’s wage data showed a slowdown in the annual growth rate of the full-time-equivalent average gross wage (+6.4%, over the year) in Q4 2019, mostly due to a…

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Swedbank: Last year’s economic growth surprised on the upside

28.02.2020 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, export, House, import, Marianna Rõbinskaja, pension, price, rate, Swedbank, transport

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%.…

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Estonian Real Estate Market review October 2019

29.11.2019 Igor Habal

Sildid: Accor, CKE, EAS, economy, EKFL, Estonia, Estonian Real Estate, import, Kopli, Lasnamäe, linn, Mustamäe, Narva, Pärnu, price, rate, Tallinn, Tartu, Võru

In October, the people visiting the real estate conference of EKFL admitted that the sentiment of the participants in the real estate market is rather positive and no bigger systematic risks are predicted for the next few years. When looking…

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Swedbank: Rapid wage growth continued

29.11.2019 Adaur.ee

Sildid: Accor, EAS, economy, Estonia, export, Liis Elmik, rate, Swedbank

Wage growth remained rapid and broad-based in the third quarter. The average full-time-equivalent gross wage amounted to EUR 1,397, up by 8.2%, over the year. Tax Authority’s gross median wage amounted to EUR 1,100, up by 10% in a year. …

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Swedbank: Robust economic expansion continued in the third quarter

29.11.2019 Adaur.ee

Sildid: EAS, economy, Estonia, export, House, rate, Swedbank, Tõnu Mertsina

Estonia’s GDP grew 4.1% y/y and 1.0% q/q (seasonally and calendar adjusted) in the third quarter this year. Non-adjusted annual growth was 4.2% in real terms and 7.3% in nominal terms. The growth was above our expectations. Economic growth is…

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Uudiste arhiiv

Swedbank: Estonian economy rebounded rapidly in the third quarter

Swedbank: Unemployment rate increased in the third quarter in Estonia

Swedbank: Deflation continued in September

Estonian economy dropped less than expected in Q2

Swedbank: Situation in the labour market has deteriorated in Estonia

The steep decline in taxes contracted Estonian GDP in the first quarter

Estonian Real Estate Market review, April 2020

Swedbank: The unemployment rate should peak this autumn

Estonian Real Estate Market review, March 2020

Pro Kapital: Harju County Court initiated reorganisation proceedings of AS Tallinna Moekombinaat

Swedbank: Wage growth should ease in 2020

Swedbank: Last year’s economic growth surprised on the upside

Estonian Real Estate Market review October 2019

Swedbank: Rapid wage growth continued

Swedbank: Robust economic expansion continued in the third quarter

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