Uudiste arhiiv

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

01.12.2015 Mihkel Nestor

Sildid: Accor, Boa, BOA arhitektuuribüroo, economy, energy, Erial, Estonia, Estonian, FIE, Mihkel Nestor, price

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…

Loe veel ›

Wages rose despite the weak growth in the economy

26.11.2015 Orsolya Soosaar

Sildid: Accor, CKE, economy, Eesti, Eesti Pank, Estonia, Estonian, export, interest rate, Orsolya Soosaar, pank

Both seasonally adjusted quarterly wage growth and average annual wage growth were faster than in the second quarter Wages in accommodation and catering rose by 16.9% Data from Statistics Estonia show that the average gross monthly wage was up 6.9%…

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Economic growth or economic standstill

25.11.2015 Mihkel Nestor

Sildid: Accor, economy, energy, Estonia, Estonian, Europe, export, FORT, import, Lithuania, Mihkel Nestor, price, retail sale, Russia

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.…

Loe veel ›

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

27.10.2015 Adaur.ee

Sildid: Accor, economy, Estonia, price, Tallinn

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…

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Moderate economic growth, yet risks have increased

14.09.2015 Mihkel Nestor

Sildid: Accor, consumer price, consumption, economy, energy, Estonia, Estonian, Europe, export, FIE, House, import, Lithuania, Nion, price, Russia, transport

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 : Weak foreign demand inhibits the economic growth in Estonia

08.09.2015 Adaur.ee

Sildid: Accor, consumption, economy, Estonia, export, import, Lithuania, Russia, Swedbank, transport

• GDP real growth 2% in the second quarter • Main contribution from private consumption, but investments decreased • Economic activities dependent on foreign demand (transportation and manufacturing) had the largest negative contribution to the GDP growth • Exports decreased…

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SEB: The gap between industry and trade is widening

08.09.2015 Adaur.ee

Sildid: Boa, BOA arhitektuuribüroo, economy, Eesti, Eesti Energia, energy, Estonia, Estonian, export, FORT, import, price, The Company, transport

Last week several updates on some important economic indicators were published. Unfortunately the news were mainly negative – industrial production is falling, orders are decreasing and employee’s pay is not growing from the company’s increasing income but from investments. Industry…

Loe veel ›

Swedbank: The Estonian Economy

07.09.2015 Adaur.ee

Sildid: consumption, economy, Estonia, Estonian, export, FIE, House, price, purchasing power, Russia, Swedbank

Why worry about wage growth? Wage growth accelerated again Not sustainable in the longer term Exports have to recover Wage growth accelerated again Gross wage growth has been around or above 5% since 2011. In the first half of 2015,…

Loe veel ›

Employee numbers rising in spite of declining sales

01.09.2015 Mihkel Nestor

Sildid: Accor, consumer price, economy, energy, Estonia, Estonian, Europe, export, FIE, import, investor, price, purchasing power, Russia, transport

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…

Loe veel ›

Lower tax rates and prices lifted real wage income

01.09.2015 Eesti Pank

Sildid: Accor, Boa, BOA arhitektuuribüroo, consumer price, economy, Estonia, Estonian, price

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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Labour market sends out contradictory messages

21.08.2015 Mihkel Nestor

Sildid: Accor, Architec, economy, Estonia, Estonian, FIE, FORT, Tallinn

On Friday of last week, Statistics Estonia published data on the second quarter employment rate collected during the labour force survey. Messages received from the labour market are somewhat contradictory – employment grew significantly in comparison with the first quarter,…

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Эксперт по недвижимости: налоговая льгота не заставит сдающих в аренду квартиры людей выйти из тени

04.06.2015 Adaur.ee

Sildid: economy, kinnisvara, Kinnisvarakool

На ночном заседании правительства в первом чтении был принят законопроект, который, среди прочего, устанавливает налоговую льготу на доход с аренды жилья. Вместо 20% подоходный налог для них снижен до 16%. По мнению аналитика Kinnisvarakool OÜ Тыну Тоомпарка, эта мера не…

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In 2014, average gross earnings grew in each of the Baltic States

11.05.2015 Adaur.ee

Sildid: Accor, Boa, BOA arhitektuuribüroo, economy, Estonia, FORT, House, Lithuania, TREA

The state of the job market continues to improve, regardless of the slowing of economic growth and lower employment rate growth. Last year, the growth of average gross earnings was influenced by the increase in the minimum wage in each…

Loe veel ›

SEB is holding a real estate fair in Estonia’s larger towns and cities

15.04.2015 Adaur.ee

Sildid: arendaja, buum, economy, eramu, Estonia, House, kindlustus, Kinnisvaramess, kontor, korter, laen, leping, müüja, omanik, ostja, pakkumised, Pärnu, planeering, Tallinn, Tartu

This Saturday, New Home Day will take place at the SEB branches in Tallinn, Tartu and Pärnu. This is the continuation of SEB’s annual tradition of bringing together sellers and buyers of real estate at a small-scale real estate fair.…

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SEB: Families in all three Baltic States see their economic situation improving gradually

28.04.2014 Adaur.ee

Sildid: economy, Estonia, FIE, Lithuania

Mean net wages topped the pre-crisis levels in all three Baltic States. Wage statistics show a gap of almost 50 per cent between mean net wages in Estonia and the other Baltic States; in recent years, the gap has widened…

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Uudiste arhiiv

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

Wages rose despite the weak growth in the economy

Economic growth or economic standstill

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

Moderate economic growth, yet risks have increased

Swedbank flash comment Estonia : Weak foreign demand inhibits the economic growth in Estonia

SEB: The gap between industry and trade is widening

Swedbank: The Estonian Economy

Employee numbers rising in spite of declining sales

Lower tax rates and prices lifted real wage income

Labour market sends out contradictory messages

Эксперт по недвижимости: налоговая льгота не заставит сдающих в аренду квартиры людей выйти из тени

In 2014, average gross earnings grew in each of the Baltic States

SEB is holding a real estate fair in Estonia’s larger towns and cities

SEB: Families in all three Baltic States see their economic situation improving gradually

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