Estonian Economy and Monetary Policy 2/2011

Estonian Economy and Monetary Policy 2/2011

CONTENTS

ECONOMIC FORECAST FOR 2011-2013
Summary

EXTERNAL ENVIRONMENT

Box 1: Monetary policy environment in the euro area (as at 9 December 2011)

BASELINE FORECAST SCENARIO

Economic activity
Domestic demand
Private consumption
Investment
Inventories
External balance and competitiveness
Labour market
Employment and productivity
Unemployment
Wages and labour costs
Box 2. : Labour market flows and long-term unemployment in Estonia before and after the recession
Prices
Food
Energy
Core inflation
Indirect taxes
General government
General government revenues
General government expenditures
Fiscal balance and debt
Banking sector and financing of the economy
Credit supply
Credit demand

 

ALTERNATIVE FORECAST SCENARIO

Full text (pdf, 1 Mb)