Euro area inflation accelerated to 3.3 percent in August, mainly due to rising energy prices, which could lead to an increase in interest rates by the European Central Bank as early as this month. (translated)
In Estonia, inflation is currently the lowest in the euro area, but it cannot escape the European Central Bank's interest rate increases, which puts Estonian households in a difficult situation. (translated)
Kevin Warsh, a leader of the Federal Reserve of the USA, noted that inflation is rapid and concerning, pointing to the possibility of raising interest rates as the central bank has not been able to achieve its long-term inflation target for over five years. (translated)
The rise in energy prices and the continuous increase in the Euribor, caused by global uncertainty and inflation pressure, affect the European Central Bank's interest rate policy, but this does not significantly impact loan demand. (translated)
Protests are starting again in Iran, where oil workers, pensioners, and teachers express discontent over economic conditions, including inflation and fuel shortages, while the US seeks to use the situation to its advantage by tightening sanctions, but analysts warn that this may only increase poverty among the population without bringing about political change. (translated)
The Estonian economy has improved, but an SEB analyst noted that people do not believe in a bright future, as they are used to faster growth, and despite wage increases and sales growth, consumer confidence remains low due to geopolitical tensions and inflation. (translated)
According to SEB's economic forecast, Estonia's economy will grow, but people's confidence will remain low, inflation forecasting is difficult, and the export outlook for Estonian industry is improving, but the country's debt burden continues to grow along with economic issues related to the elections. (translated)
According to Swedbank's economic forecast, the economy in Estonia will grow moderately, although the main problem is slow productivity growth. However, the increase in private consumption and government sector investments supports GDP growth, which will rise by 2% this year and 2.5% next year, while the unemployment rate decreases and inflation slows down. (translated)
The economist of the Bank of Estonia, Peeter Luikmel, points out that the boom of Russia's wartime economy is fading, as economic growth forecasts have significantly dropped, employment problems and high interest rates are limiting economic development, and real economic growth will remain below 1.5 percent for this year. (translated)
Russia's economy can avoid collapse despite the war in Ukraine and analysts' doubts, but at the same time, the Kremlin-based defense industry is thriving, while the rest of the economy faces high interest rates, inflation, and labor shortages, which may indicate the system's vulnerability. (translated)
"Neil on ainult libauudised ja 300-protsendiline inflatsioon ning hullem on veel ees,"
According to experts, gas prices will rise in Estonia, which will lead to an increase in energy prices, as well as the prices of goods and services, being the highest in the Baltics. At the same time, the rise in food prices in Estonia is smaller than in Lithuania, but the impact of gas prices on housing and utility costs in Estonia is the fastest, which makes it necessary to decide early about possible subsidies. (translated)
The heatwave hitting Europe is putting significant pressure on the economy, increasing food prices and disrupting supply chains, while low water levels in rivers such as the Rhine and Danube hinder industrial production and lead to rising inflationary pressure. (translated)
The artificial intelligence boom in the USA, which increases economic growth and brings new investments and jobs, also raises concerns that it may burden other economic sectors and increase inflation, which diminishes consumer purchasing power. (translated)
The U.S. economic growth slowed more than expected in the spring, but household spending and business investments continued to support the economy, while fuel prices and geopolitical tensions with Iran increased, raising inflation and creating questions about the Federal Reserve's next steps. (translated)
The U.S. central bank decided to keep interest rates unchanged for the fifth time in a row, but three members demanded an increase of a quarter percentage point, highlighting concerns about the uncertainty of inflation and the impact of conflicts in the Middle East on the economy. (translated)
Naftahinnad langesid mitme protsendi võrra pärast uusi pinget Lähis-Idas, mis tõi esile investorite mured Teherani ja Washingtoni sõjaliste otsuste üle, samal ajal kui turu tähelepanu on suunatud ka USA keskpanga intressipoliitilistele sammudele ja inflatsiooniootustele. #nafta #inflatsioon #USA
USA ja Iraan peatasid ajutiselt vastastikused rünnakud, mille tõttu langes nafta hind peaaegu viis protsenti, kuid Lähis-Ida olukord jääb endiselt ebakindlaks ning Hormuzi väina liiklus ei ole taastunud. #nafta #Iraan #inflatsioon
Venemaa keskpank prognoosib, et riigi majanduskasv 2023. aastal tõenäoliselt seiskub ning inflatsioon kiireneb kütusekriisi tõttu 6–7 protsendini, mis on oluliselt halvem kui eelnevalt oodatud, samas nähakse ette toiduainete pakkumise vähenemist ja hindade tõusu järgmistel aastatel. #venemajandus #nabiullina #venemaainflatsioon
Venemaa keskpank kärpis baasintressi 25 baaspunkti võrra, mis tõi esile vastuolulisi arvamusi analüütikute seas seoses majanduse toetamise ja kasvava inflatsioonisurve muredega, samas kui samaaegselt tõsteti inflatsiooniprognoosi ja kärpiti majanduskasvu ootusi. #Venemaa #intressimäär #majandusteadus
