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Singapore’s Technical Consumer Goods market down slightly in Q1 2017

GfK TEMAX® results for Singapore, Q1 2017

Singapore, May 18, 2017 –The technical consumer goods (TCG) market in Singapore registered a slight declined by 2.5 percent in the first quarter 2017, compared to the same quarter last year.
While Telecommunication (TC) and Major Domestic Appliances (MDA) registered some growth, the other five categories saw decline in sales, especially Office Equipment and Consumables (OE), Photography (PH) and Information Technology (IT) which dipped in the double digit range. Overall value of the TCG market in Q1 totaled SGD 903 million.

Here you can find the latest press release for TEMAX

Seraphina Wee
Singapore

Table summary

Singapore Q1 2017
Q2 2016 M. SGD Q3 2016 M. SGD Q4 2016 M. SGD Q1 2017 M. SGD Q1 2017 / Q1 2016 / +/- % Q1 2017 M. SGD Q1 2017 / Q1 2016 +/- %
Consumer Electronics (CE) 104 102 132 101 -6.8% 101 -6.8%
Photography (PH) 62 57 63 54 -18.7% 54 -18.7%
Major Domestic Appliances (MDA) 71 73 81 69 5.0% 69 5.0%
Small Domestic Appliances (SDA) 49 49 48 46 -4.4% 46 -4.4%
Information Technology (IT) 251 253 229 222 -13.0% 222 -13.0%
Telecommunications (TC) 358 393 469 403 9.4% 403 9.4%
Office Equipment & Consumables (OE) 13 12 9 8 -45.3% 8 -45.3%
GfK TEMAX ® Singapore 908 941 1,030 903 -2.5% 903 -2.5%

Economic data 2016

Singapore
  • 2.0
    GDP growth in %
  • 52,961
    GDP per capita in USD
  • 1.8
    Unemployment rate in %
  • -0.5
    Inflation rate, avg. consumer prices in %
  • 1,651,200
    Number of households
  • N/A
    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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