News

26.11.2014

Wage levels continue strong growth in Estonia

Strong wage growth in Estonia continued in Q3 2014, supporting household finances and further retail spending growth. The gross wages in Estonia grew by 5% YoY in third quarter of 2014, as reported by Statistics Estonia. During the first 9 months of 2014, the average gross wages have shown strong growth of 6% in Estonia, supporting further growth in the retail sector (7% growth in the retail sector turnover during the first 9 months of 2014). For more information, please see http://www.stat.ee/72319.