Estonian Economy and Monetary Policy 1/2009

Estonian Economy and Monetary Policy 1/2009

CONTENTS

ECONOMIC FORECAST FOR 2009-2011
Conclusion
External environment
Forecast baseline scenario

Economic growth
Domestic demand
Private consumption
Investment
Stocks
External balance and external debt
Labour market
Inflation
Price expectations
Administrative measures
Food
Motor fuel
Household energy
Core inflation
General government
Banking sector
Corporate credit
Housing loans
Consumer credit

Risk scenarios

Pessimistic scenario for external environment
Optimistic scenario for external environment

 

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