Eesti Pank / Bank of Estonia

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Economic policy statement of Eesti Pank

14/12/2011 Economic growth is decelerating sharply due to weaker external environment. The Estonian economy was growing faster than expected during the first three quarters of 2011.
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Inflation picked up temporarily in January

07/02/2012 According to Statistics Estonia, the change of the consumer price index was 0.7% in January 2012 compared to December 2011, and 4.5% compared to January 2011. Euro area inflation was 2.7%%, according to Eurostat's preliminary estimate.
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Banks' profitability was supported by a decline in loan write-downs

24/01/2012 In December 2011, new corporate lending was the highest of the year, due to some single large-scale projects.
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