Uudiste arhiiv

 

Estonian Real Estate Market review October 2019

29.11.2019
Uus Maa

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
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
Swedbank

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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Swedbank: The curious case of household consumption in the Baltic countries

17.09.2019
Swedbank

The curious case of household consumption in the Baltic countries Lithuanians consume a lot more than Estonians and Latvians, despite higher wages in Estonia Differences in prices, remittances, saving rates, and, especially, unofficial income may explain this gap But material…

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Swedbank: Estonia – Wage pressures expected to ease a bit next year

30.08.2019
Swedbank

Wage growth is rapid and broad-based. The average gross wage amounted to EUR 1,419, up by 7.4%, over the year, in the second quarter. Wage growth was broad-based, in terms of sectors and levels. Tax Authority’s wage data show that…

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Swedbank: Inflation has decelerated this year

05.07.2019
Swedbank

In June, inflation reached 2.4%, over the year. Goods were 1.8% and services 3.5% more expensive. Almost half of the increase in prices resulted from higher prices of food and housing. The prices of fresh vegetables have surged due to…

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SEB: Nordic economic overview: wage growth changes the Estonian economy

09.05.2019
SEB Pank

The economy is increasingly relying on central banks When at the end of last year, financial markets were hit by true panic regarding the future of the world economy, today we dare to look into tomorrow with slightly improved optimism.…

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Uus Maa: Market Review March 2019

23.04.2019
Uus Maa

Estonia The figures of the 1st quarter of year 2019 show that the times in the real estate market are still good and even though the growth is slower than before, the setback that influenced the second half of last…

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Swedbank: Neighbouring countries’ impact on the Estonian economy is waning

08.04.2019
Swedbank

Finland, Sweden, Latvia, and Russia – Estonian closest neighbours – contribute about one-fifth to Estonian GDP through exports. The share of the four neighbouring countries’ tourists’ expenditure is about 60% of the expenditure of all tourists. Finland and Sweden have…

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Flash comment Estonia: 2018 – another strong economic year in Estonia

28.02.2019
Swedbank

In 2018, Estonian GDP growth slowed to 3.9% in real terms and to 8.6% in nominal terms and was supported by domestic demand and strong foreign demand. The growth was still strong and only slightly exceeded our expectations – our…

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Swedbank Flash comment: Economic growth accelerates to 4.2% yoy in the third quarter

03.12.2018
Swedbank

In the third quarter, Estonian GDP growth accelerated to 4.2% yoy in real terms. Compared to the previous quarter GDP increased 0.4%, seasonally and working day corrected. In nominal terms, GDP increased 9.5% in the third quarter and 8.5% ytd.…

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Swedbank: The temperature is slowly rising in the Baltic economies

16.10.2018
Swedbank

The Baltic economies are operating above their potential No overheating, but economic temperature is rising gradually Monitoring, fiscal prudence, and productivity-boosting reforms are necessary The Baltic economies are now fully recovered from the past recession, and the output gaps have…

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Swedbank: Estonian GDP growth accelerated to 3.7% in the 2nd quarter

03.09.2018
Swedbank

Real GDP growth in Estonia accelerated to 3.7% yoy in the second quarter of 2018. The growth was stronger than in the first quarter (3.3%). In the first half, GDP growth was 3.5% in real terms. The acceleration of the…

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Swedbank: Estonian enterprises need to put more effort in to improve their productivity growth

26.04.2018
Swedbank

In a post-crisis period, the growth of Estonian labour productivity has been weak Estonian labour productivity is lower than majority of European Union member states Estonia is losing price competitiveness against main trade partners After the recovery from the financial…

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Swedbank: Trade tensions imperil the global momentum

27.03.2018
Swedbank

In the past year, the global economy has enjoyed a strong rebound in global trade. This has contributed to lifting the global economy out of the stagnant growth path that followed the financial crisis. US tariffs and the risk of…

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