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2013 OECD Economic Outlook, Volume 2013 Issue 1

image of OECD Economic Outlook, Volume 2013 Issue 1

The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on growth prospects and fiscal requirements over the long term, and a statistical annex.

 

English French, German

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Estonia

Growth is projected to regain momentum, driven by private domestic demand. Rising capacity utilisation and falling unemployment are improving confidence and generating expectations of further wage and employment growth. Changes in headline inflation are mainly driven by energy and food prices while the medium-term trend is determined by price convergence in the non-tradable sector.

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