Higher economic activity lifted employment. The number of the inactive declined substantially and the unemployment rate grew due to a labour market reform. According to Statistics Estonia, employment increased by 0.6% despite a strong base effect last year. Employment rose…
The growth of the average gross wage decelerated to 6.5% in 2017. Swedbank expects the average gross wage to grow by 6% and the real net wage by 9% in 2018. The growth of the average gross wage decelerated to…
Eesti Korteriühistute Liidu (EKÜL) juhatuse esimees Andres Jaadla võttis Teheranis toimunud pidulikul auhinnatseremoonial vastu ülemaailmse energiaauhinna Energy Globe Award rahvuslikus kategoorias. “See on väga suur tunnustus. Energiaauhinda Energy Globe Award võiks nimetada energiavaldkonna Oscariks,” märkis Jaadla. “Energy Globe Award auhinnad…
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…
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…
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…
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%,…
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…
Consumer price index increased by 0.1% in 2016. Higher excise taxes on alcohol, tobacco, and motor fuels contributed positively, while cheaper energy had the biggest negative impact on prices. The prices of alcoholic beverages and tobacco were around 6% higher…
Capital Milli arendatavale ärihoonele Explorer väljastati energiatõhusa ehitise sertifikaat LEED Platinum, mis teeb sellest ametlikult Eesti kõige rohelisema omasuguste seas. LEED-sertifikaat (Leadership in Energy and Environmental Design) on rahvusvaheliselt tunnustatud sertifitseerimissüsteem, mille töötas välja USA Rohelise Ehituse Nõukogu (USGBC). Kõige…
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…
• Wage growth remained rapid in the 3rd quarter at 7%, over the year. • We expect average gross wage to slow to around 5% in 2017. In the 3rd quarter of 2016, the average monthly gross wage was 1,119…
Economic growth in Estonia continued to be weak in the 3Q. According to the flash estimate, Estonian economy grew 1.1% yoy and 0.2% qoq (seasonally and calendar adjusted). The GDP has increased 1.1% yoy during the first three quarters. We…
Statistics Estonia revised second-quarter annual GDP growth 0.2 percentage points up to 0.8%. Regular revision of last four years was also published and led to changes in real growth rates of previous years. 2012-2014 GDP growth was revised down 0.9…
Wage growth remained rapid in the second quarter at around 8%, over the year. We expect average gross wage to rise by around 5% in 2017. In the 2nd quarter of 2016, the average monthly gross wage was 1,163 euros…
