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Economy / Estonia

Macroeconomic Forecast Estonia

September 2011 | Macroeconomic Forecasts

According to Statistics Estonia, consumer confidence in the country fell to -8 in September, a deterioration on the reading of -4 in August as the mood amongst spenders darkened. The September print marks the most pessimistic confidence survey since April 2010. Lower confidence amongst households could weigh on domestic demand, in turn dampening Estonia's buoyant economic growth pace, which rang in at 8.4% in Q211.

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