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The Greek technical consumer goods market recorded decline by 5% in Q1 2017 – three of the seven sectors declined

GfK TEMAX results for Greece, Q1 2017

Athens, May 15, 2017 – The technical consumer goods (TCG) market in Greece declined (-5%) in Q1 2017, compared to the same quarter in 2016, with revenue of €428 million.
The best-performing sector was Photography (PHO), which rose by 11.7 percent, while two sectors presented double-digit decrease (Telecommunication-TC and Information Technology-IT).

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Greece 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) 75 73 111 72 -2.3% 72 -2.3%
Photography (PH) 8 8 9 7 11.7% 7 11.7%
Major Domestic Appliances (MDA) 102 121 115 103 4.0% 103 4.0%
Small Domestic Appliances (SDA) 32 37 48 38 4.6% 38 4.6%
Information Technology (IT) 71 79 110 74 -10.7% 74 -10.7%
Telecommunications (TC) 133 148 186 129 -12.6% 129 -12.6%
Office Equipment & Consumables (OE) 5 5 7 6 0.1% 6 0.1%
GfK TEMAX ® Greece 425 470 586 428 -5.0% 428 -5.0%

Economic data 2016

Greece
  • N/A
    GDP growth in %
  • 17,901
    GDP per capita in USD
  • 23.9
    Unemployment rate in %
  • -0.8
    Inflation rate, avg. consumer prices in %
  • 4,151,682
    Number of households
  • 24,356
    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
Laura Skolarikou
Greece
General