The Bank of Estonia deteriorated the country's GDP growth forecast in 2018 from 4.2% to 3.5%. In 2019, the forecast for economic growth was raised from 3.1% to 3.6%. In 2020, growth is expected to slow to 2.5%, which is due to a decrease in free production resources. The regulator notes that demand is growing faster than the production growth. According to it, the slowdown in economic growth is the result of low investments in the business sector. The Central Bank expects that in 2018 the consumer price index will grow by 2.8%, in 2019 - by 2.5%, in 2020 - by 1.9%. The Bank of Estonia forecasts an increase in the unemployment rate from 6.9% in 2018 to 8% in 2019 and 8.2% in 2020.
Oil advances but nCoV economic impact restricts gains19.02.2020
Thailand GDP growth lower than forecast, says central bank19.02.2020
New York Fed: U.S. shoppers suspect spending growth slowdown18.02.2020
Euro underperforms on frail market sentiment, Aussie dollar suffers on data forecast