Uudiste arhiiv

 

Swedbank: Wage growth accelerated in the first quarter

swedbank

The growth of the average gross wage accelerated to 7.7%, over the year, in the first quarter of 2018. Families’ assessment of their financial situation is the highest on record. Rapid wage growth continued in the first quarter, around 8%,…

Swedbank: Demand for labour remains strong

swedbank

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…

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

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…

Uus Maa: Market review March 2018

uus maa

March has traditionally been the month of enlivenment in the real estate market – in the past five years, in average, 316 flats more have been sold in comparison to January and February. There were 1836 transactions this March, i.e.…

Swedbank: Increasing Estonian exports’ market share in Finland will be more challenging

swedbank

Estonia’s exports to Finland are the most diversified among the largest trade partners Exported goods from Estonia have gained market share on the Finnish market Estonia is losing its price competitiveness against Finland Finland is Estonia’s largest export partner. Among…

Swedbank: Wage growth was rapid and broad-based

swedbank

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…

Swedbank: Higher employment and lower unemployment rate

swedbank

Labour market has become even tighter. Employment increased by 2.2% and the unemployment rate decreased further to 5.8% in 2017. Last year brought good news for Estonian employees. Higher economic activity lifted demand for labour. Employment increased by 2.2% and…

Economic overview of SEB in the Nordic countries: strong and broad-based economic growth

seb pank

The rapid and broad-based strengthening of the world economy that occurred in 2017 has exceeded expectations. High employment rates and increasing wealth sparks optimism in people, which is apparent in the increased spending of households. Improved demand has increased the…

Uus Maa: Market review december 2017

uus maa

Active December added an impressive final touch to another year of growth in the real estate market. 1942 transactions were made in December, which was more than average across the year, but the median price of the transactions increased to…

Kinnisvaraettevõtte Kapitel juhatusega liitus Rait Pallo

Kapitel

Kinnisvaraettevõtte Kapitel, varasema E.L.L. Kinnisvara, juhatusega liitus 9. jaanuaril finantsdirektori positsioonil Rait Pallo. Ettevõtte juhatus jätkab kolmeliikmelisena: juhatuse esimees ja tegevjuht Taavi Ojala, arendusdirektor Indrek Moorats ja finantsdirektor Rait Pallo. „Meil on väga hea meel, et ettevõttega otsustas liituda Eesti…

Swedbank: Robust GDP growth continued in 3Q2017 as expected

swedbank

In 3Q2017 Estonian GDP expanded 4.2% yoy and 0.3% qoq (swad) in real terms. In nominal terms, GDP increased by 8.9% yoy. During the first three quarters, GDP has increased by 4.8% yoy in real terms. The major contribution to…

Swedbank: Wage growth remained rapid in Q3

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…

Swedbank: Higher GDP growth lifts demand for labour

swedbank

The employment rate reached the highest level in 20 years. The unemployment rate declined to 5.2%. Higher economic activity reflects in the developments in the labour market. In the third quarter, employment grew by 2.0%, the number of unemployed people…

Eesti Pank: The current account surplus in August was smaller than it was a year ago

eesti pank

The flash estimate1 put the Estonian current account at 63 million euros in surplus in August 2017. The surplus on the goods and services account was 116 million euros, which was 38 million euros less than a year earlier. Exports…

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

swedbank

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…