According to a recent report on the Statistics Estonia site, economic growth in Estonia grew by two per cent y-o-y to Q2 2012.
However, GDP only grew by 0.4 per cent, when seasonal and work-day factors are taken into account, between Q1 and Q2.
Most of the growth came from the construction, information and communication
Continue reading Economic Growth In Estonia Continues, But Slows In Q2 2012
According to a recent article in the Estonian Press Digest from News2Biz, July 2012 saw something of a fall in real estate prices in Estonia as a whole, but at the same time real purchasing power (in Tallinn) for those wishing to purchase property also fell.
Citing real estate giant Pindi Kinnisvara‘s index as falling
Continue reading Real Estate Prices In Estonia See Fall In July 2012
Notwithstanding national air carrier Estonian Air’s muhc-publicised financial problems, according to a recent report on the Baltic Busines News site, the airline has carried 52 per cent more passengers as of the end of July 2012 than at the same stage during the preceding year.
At the same time, the number of passengers taking regular flights from
Continue reading Estonia’s National Air Carrier Sees An Increase In Passenger Numbers to July 2012
According to a report by Tõnu Toompark on his adaur blog, investment in real estate in Estonia has increased by 24 per cent y-o-y to the first quarter of 2012.
Citing figures from the Estonian Statistics office, investments from Estonian companies into plant and equipment fixed assets came to a value of 506 million Euros in
Continue reading Statistics: Real Estate Investment In Estonia Increases 24 Per Cent Y-o-Y
More hopeful signs of economic recovery in Estonia comes with a recent report on the Statistics Estonia site which states that retail sales in Estonia increased by seven per cent y-o-y to June 2012.
Furthermore this trend has been continuing since March 2012; every month between March and June saw an increase in retail sales
Continue reading Retail Sales In Estonia Continuing To Grow
An item first published on this blog on 6th July, 2012.
An interesting and detailed post here, from the redoubtable Edward Hugh, about one of the two other CEE countries, apart from Estonia, that have acceded to the Eurozone, namely Slovenia (the third country is Slovakia).
Having consistently outperformed Estonia and even ‘older’ Eurozone countries
Continue reading Estonia Vs Slovenia
According to Tõnu Toompark on his adaur blog, 96 per cent of residential dwelling space in Estonia is in private hands.
The total number of residential items comes to 657 800 units, only a small increase on the last 12 years, with only three per cent of dwellings owned by local governments and one per
Continue reading Statistics: 96 Per Cent Of Residential Dwelling Space In Estonia Is In Private Sector
An article first published on this blog on 11th July, 2012.
As we previously blogged about, the electricity market in Estonia, hitherto having been a state monopoly, is due to be open to the market come January 2013, with all the pros and cons that this entails (our previous article lists some of these if
Continue reading Many In Estonia Still Unaware Of Imminent Electricity Market Liberalisation