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Analysts revise forecast for Estonian economy

Aug 12, 1999
By Kairi Kurm

TALLINN - The Estonian eco-nomy will grow a total of 0.4 percent in 1999, reported the Estonian Finance Ministry on August 3 after revising the analysis made in April this year.Compared with the preliminary forecast, economic growth is expected to be nearly 1.7 percent lower. The consumer price index is expected to rise 3.7 percent in 1999, compared with 4.5 percent in the April estimate. In 1998 the ministry predicted that in 1999 the economy would grow by 4 percent and the consumer price index ...

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