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27-06-2018 15:30 3971

Bank of Estonia

 

According to the Central Bank of Estonia, this year the country's economy will be weaker. If six months ago, the Estonian Bank forecasted more than 4% economic growth for 2018, according to the latest data, it would make 3.5%.

In a short period of time, Estonian Bank predicts a 3% inflation, but in 2020 it will make 2%, and wages will rise by 7%.

The average salary in the country will be 1468 euros.

It is also mentioned that the unemployment rate can increase in 2020 as the majority of job seekers cannot meet employers' demands.

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