Contenu connexe Similaire à Mof Summer 2010 Macroeconomic Forecast (20) Plus de Rahandusministeerium/Ministry of Finance of Estonia (20) Mof Summer 2010 Macroeconomic Forecast9. Growth of exports has been strong in last months, being affected by the internal readjustments of companies and the pick up of the foreign demand 19. Mostly foreign factors and severe weather conditions, also increases in indirect taxes are behind the higher inflation 28. Tax revenues exceed the budget by 2.0 bln EEK 2010 budget Spring Forecast Summer Forecast Summer vs Spring Taxes in total 61 767.5 63 096.4 63 757.4 661.0 incl. PIT 3 220.0 3 210.0 3 150.0 -60.0 CIT 2 425.0 3 400.0 3 190.0 -210.0 Social tax 26 970.0 26 600.0 26 600.0 0.0 VAT 19 030.0 19 000.0 19 400.0 400.0 Excise on alcohol 2 330.0 2 540.0 2 600.0 60.0 Excise on tobacco 1 830.0 1 800.0 1 970.0 170.0 Excise on fuel 4 870.0 5 420.0 5 660.0 240.0 Gambling tax 215.0 320.0 307.0 -13.0 Non-tax revenues 22 760.6 23 552.3 23 798.7 246.4 34. Main indicators 2009 2010* 2011* 2012* 2013* 2014* Economic growth -14.1 2.0 3.6 4.0 3.8 3.5 GDP in current prices 214.8 218.2 230.4 245.5 261.5 278.3 CPI -0.1 2.6 2.5 2.6 2.7 2.7 Domestic demand -23.9 -0.2 4.3 4.1 4.7 4.6 Export -11.2 15.1 9.0 6.7 7.1 6.5 Employment growth -9.2 -5.0 0.8 1.6 1.8 1.7 Real wage growth -4.5 -3.2 0.1 1.0 1.6 1.5 Unemployment rate 13.8 17.5 15.4 13.6 11.4 9.4 Current account 4.6 4.3 2.3 0.3 -2.1 -4.4 42. Current account surplus will turn to deficit because of the rise in import volumes and increasing profitability of foreign investments 50. Changes in tax policy– excise duty increases, VAT, state duties. Other administrative changes – electricity, water, gas, heat energy. Other goods and services – close to core inflation (2009-2010 without VAT increase). Contribution to CPI