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A great start for TCG in Q1 2017

Results for GfK TEMAX® Belgium for the first quarter of 2017

Leuven, May 11, 2017 – The technical consumer goods (TCG) market in Belgium 2017 started off on a positive note, with a total increase of 1.4 percent, compared to Q1 2016.

This growth is mainly pushed by Media & Entertainment (+8,9%), Small Domestic Appliances (+6,9%) and Major Domestic Appliances (+4,2%). Home Improvement and Telecom noted good growth figures, but seem to be slowing down (+3,9% ; +3,5%). Stationery and Books are struggling in this first quarter, respectively declining -4% and -4,6%.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Belgium Q1 2017
Q2 2016 M. EUR Q3 2016 M. EUR Q4 2016 M. EUR Q1 2017 M. EUR Q1 2017 / Q1 2016 / +/- % Q1 2017 M. EUR Q1 2017 / Q1 2016 +/- %
Consumer Electronics (CE) 196 181 221 206 -2.4% 206 -2.4%
Photography (PH) 36 33 34 34 3.0% 34 3.0%
Major Domestic Appliances (MDA) 304 341 311 345 3.6% 345 3.6%
Small Domestic Appliances (SDA) 132 127 177 156 7.6% 156 7.6%
Information Technology (IT) 350 365 423 388 4.3% 388 4.3%
Telecommunications (TC) 291 324 379 292 4.7% 292 4.7%
Office Equipment & Consumables (OE) 114 96 127 119 1.7% 119 1.7%
GfK TEMAX ® Belgium 1,423 1,466 1,674 1,539 3.3% 1,539 3.3%

Economic data 2016

Belgium
  • 1.2
    GDP growth in %
  • 41,283
    GDP per capita in USD
  • 8.3
    Unemployment rate in %
  • 1.9
    Inflation rate, avg. consumer prices in %
  • 4,848,184
    Number of households
  • 44,119
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing
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