SEB increases Estonia's 2017 economic growth forecast to 4.1 percent ({{commentsTotal}})

In its fresh Nordic Outlook, SEB has increased its economic growth estimate for Estonia to 4.1 percent in 2017 and 3.3 percent in 2018.

The Estonian economy this year has been favored by large investments, supported by which economic growth has accelerated. A slightly slower economic growth with 3.3 percent can be expected next year. Economic growth next year will be more balanced than this year's growth, however, it appears from the fresh Nordic Outlook.

In addition to strong external demand, which favors exporting companies, the consumption of households is also to increase in 2018 due to the income tax reform, as a result of which many people will be left with more money.

 

Next year, main fixed assets investment will be contributed to by active construction activity, the financing of which will be aided by European Union Structural Funds. Companies' low demand for loans, meanwhile, indicates their continued cautiousness.

According to SEB, the growth of the harmonized index of consumer prices (HICP) is to amount to 3.6 percent this year and three percent in 2018.

In its spring Nordic Outlook published in May, SEB left the 2017 economic growth forecast on Estonia unchanged at 2.2 percent and the forecast for 2018 unchanged at 3.1 percent.

Editor: Aili Vahtla

Source: BNS



Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

ERR kasutab oma veebilehtedel http küpsiseid. Kasutame küpsiseid, et meelde jätta kasutajate eelistused meie sisu lehitsemisel ning kohandada ERRi veebilehti kasutaja huvidele vastavaks. Kolmandad osapooled, nagu sotsiaalmeedia veebilehed, võivad samuti lisada küpsiseid kasutaja brauserisse, kui meie lehtedele on manustatud sisu otse sotsiaalmeediast. Kui jätkate ilma oma lehitsemise seadeid muutmata, tähendab see, et nõustute kõikide ERRi internetilehekülgede küpsiste seadetega.
Hea lugeja, näeme et kasutate vanemat brauseri versiooni või vähelevinud brauserit.

Parema ja terviklikuma kasutajakogemuse tagamiseks soovitame alla laadida uusim versioon mõnest meie toetatud brauserist: