Uudiste arhiiv

 

Swedbank: Robust GDP growth continued in 3Q2017 as expected

30.11.2017
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…

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Swedbank Economic Outlook Update – November 2017

09.11.2017
Swedbank

Swedbank Economic Outlook presents the latest economic forecasts for Sweden, the Nordic and Baltic countries and the major global economies. In this update, current issues that have a bearing on economic developments are analysed. Global – Strong growth momentum The…

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

16.10.2017
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…

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

31.08.2017
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…

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

30.08.2017
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…

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Swedbank: Lack of labour a growing concern

15.08.2017
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…

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Watch out for the growth in job vacancies

20.07.2017
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…

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

31.05.2017
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…

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Swedbank: Slower growth of wages reduces macroeconomic risks

29.05.2017
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%,…

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Swedbank Economic Outlook – April 2017

06.04.2017
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…

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

31.03.2017
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…

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Flash comment: Estonia – Wage growth accelerated in 2016

02.03.2017
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…

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Economic growth in the last quarter of 2016 was above expectations

28.02.2017
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…

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SEB’s economic forecast: Faster growth despite political squalls

08.02.2017
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…

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Swedbank Macro Research

05.01.2017
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

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