Market Report, "Estonia Business Forecast Report Q4 2012", published
Core Views Estonia's economic growth will slow to 2.7% in 2012 in real GDP terms, from 7.6% in 2011. While this remains the strongest economic growth figure in the eurozone, the economy is not immune from the weakened external demand in the bloc, which we expect to contract by an aggregate 0.5% this year. A high degree of uncertainty over the future of eurozone economic growth will feed through to lower private consumption and investment growth, both of which have...
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