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TEMAX Reports

* Western Europe 15: AT, BE, DE, DK, ES, FI, FR, GR, IT, NL, PT, SE, UK by direct calculations; CH, NO extrapolated

Text summary

Decrease in the Western European TCG market continues in Q2 2017

GfK TEMAX^® results for Western Europe, Q2 2017

Nuremberg, August 16, 2017 – In the second quarter of 2017, the Western European technical consumer goods shrank by 2.1%. Telecommunications market grew by 4% but could not counterbalance the fall of the other markets, especially that of Consumer Electronics (-12.7%). The TCG market in Western Europe amounted to €47 billion in Q2 2017.

Please note that the WE15 report is calculated on EUR basis incl. DK, SE and UK.

The pdf press release has been replaced by the Category Insights chart below.

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Table summary

Western Europe 15 - Q2 2017

	Q3 2016 M. EUR	Q4 2016 M. EUR	Q1 2017 M. EUR	Q2 2017 M. EUR	Q2 2017 / Q2 2016 / +/- %	Q1-Q2 2017 M. EUR	Q1-Q2 2017 / Q1-Q2 2016 +/- %
Consumer Electronics (CE)	5,879	9,109	6,648	5,595	-12.7%	12,243	-9.4%
Photography (PH)	1,176	1,412	1,122	1,186	-3.0%	2,308	-1.4%
Major Domestic Appliances (MDA)	8,431	8,779	8,282	8,021	-0.1%	16,303	-0.1%
Small Domestic Appliances (SDA)	3,974	5,859	4,342	3,812	-0.5%	8,154	0.1%
Information Technology (IT)	12,629	16,416	13,424	11,793	-3.2%	25,217	-2.4%
Telecommunications (TC)	13,272	16,820	12,405	12,542	4.0%	24,946	2.0%
Office Equipment & Consumables (OE)	4,229	4,812	4,439	4,100	-5.6%	8,538	-3.7%
GfK TEMAX® Western Europe	49,589	63,207	50,661	47,049	-2.1%	97,710	-1.8%

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Economic data 2016

Western Europe 15

1.5

GDP growth in %
42,917

GDP per capita in USD
9.1

Unemployment rate in %
0.6

Inflation rate, avg. consumer prices in %
178,870,880

Number of households
46,849

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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