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…
Job vacancy rate just above average, but annual growth amongst highest in the euro area Unemployment and vacancy rate curve suggests no crisis yet… …but job vacancy rates likely to increase further Annual growth of vacancy rate second highest 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%,…
Estonia is still among largest net beneficiaries from FDI in the EU Increased inflow of FDI may boost fixed capital formation in the near future FDI by country becomes more and more diversified Can FDI boost enterprises’ investments into fixed…
In 2016, economic growth reached 1.6% in Estonia. Compared to 2015 it is a 0.2 percentage point increase, but nothing to be too proud of yet. Nominal growth of GDP accelerated from 2.5% in 2015 to 3.3% in 2016. In…
Labour market remained tight in 2016. Employment is expected to marginally decline and the unemployment rate to grow in 2017. In 2016, the labour force participation rate, the share of the labour force in the working-age population, increased by 1…
Notwithstanding political squalls blowing louder than ever, the global economy is forging ahead. The acceleration in economic growth and inflation are bringing us closer to an environment that we are accustomed to seeing as normal. Nevertheless, the spreading of protectionist…
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…
Mistahes ettevõtete maksukoormuse suurenemine viib selleni, et suurem osa ettevõtteid hakkab maksudest kõrvale hiilima. Seetõttu tuleks riigil väga ettevaatlikult läheneda maksusüsteemi reformimisele, on veendunud ERE Grupi spetsialistid. „Täna kasutatava õhukese maksusüsteemi peamine eelis seisneb selles, et ettevõtted saavad tegutseda täiesti…
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…
In Estonia, financial satisfaction and economic security is the strongest among Central and Southern Estonians; however, residents of Harju and Lääne-Viru counties are also moderately satisfied with their economic situation, the SEB Baltic Household Outlook reveals. Seventy-three and 71 per…
Estonian residents have more confidence in the economy and are more satisfied with their financial situation than their Latvian and Lithuanian counterparts, the SEB Baltic Household Outlook reveals. Seventy-three per cent of the Estonian population are moderately satisfied with their…
Pealinn võib puutuda kokku väikeste korterite puudusega uusarendustes. ERE Grupi andmetel moodustab uusarenduste osa tänasel kinnisvaraturul umbes 30%, kuid ühetoalisi kortereid neist on kõigest 5-7%. ERE Grupi juhatuse esimehe Maksim Sorokini sõnul on paljud ostjad sunnitud seetõttu riskima ja ostma…
Growth in employment slowed in the first half of 2016, though it was still faster than forecast Employment in the industrial sector was down slightly, but it was up in services Growth picked up in the average gross monthly wage,…
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…
