Uudiste arhiiv

 

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

Nordic Outlook: favourable trends in the global economy foster faster growth for Estonia

SEB Pank

The economic trends have been favourable lately. In the first half of the year, Estonia’s economic growth reached figures we last saw in 2012, when we were recovering from the deep economic crisis. Estonia’s economy is very much dependent on

Swedbank: Lack of labour a growing concern

Swedbank

The labour market remained tight. The unemployment rate increased due to a reform. In the second quarter of 2017, the unemployment rate was 7.0%, the employment rate 66.9% and the labour force participation rate 72% in Estonia. The labour force

Watch out for the growth in job vacancies

Swedbank

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

Swedbank: GDP growth in Estonia – the fastest in five years

Swedbank

Accelerated export growth and robust recovery of investments contributed to the GDP growth On the output side, manufacturing, construction and domestic trade contributed the most We expect that GDP growth remains robust in 2017, but decelerates compared to the 1st

Swedbank: Slower growth of wages reduces macroeconomic risks

Swedbank

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%,

Swedbank Economic Outlook – April 2017

Swedbank

Global: Signs of a considerable cyclical upturn in advanced economies. Inflation pressure increases, but remains low in many regions. Political risks remain although they have decreased somewhat. Sweden: Growth broadens as an upswing in exports is paired with the strong

Brexit: the EU28 is dead, long live the EU?

Swedbank

The die is cast – the next move is the EU’s Limited effect of Brexit on the Baltic economies, so far Baltic interest – strong EU Wheels are set in motion On March 29, the UK gave formal notice of

Flash comment: Estonia – Wage growth accelerated in 2016

Swedbank

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

Economic growth in the last quarter of 2016 was above expectations

Swedbank

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

SEB’s economic forecast: Faster growth despite political squalls

SEB Pank

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

Swedbank Macro Research

Swedbank

Construction in Baltics will rebound for now Contraction is temporary Residential sector is stronger, at least in Estonia and Lithuania Construction costs will rise, but export potential is there Construction in Baltics will rebound for now

Estonia Flash comment: Investments and inventories had the strongest negative impact on GDP growth in the third quarter

Swedbank

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

Baltic Sea Region Report

Half-hearted reforms will not raise competitiveness and boost growth • Mind the risks to long-term growth  • Exports hold the key to future growth in the Baltics  • The services sector – stronger, smarter and more diversified  Mind the risks to

Despite meagre GDP growth, several economic indicators have improved

Swedbank

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

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