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Continued growth in the Czech technical consumer goods market in Q1 2020

GfK TEMAX results for the Czech Republic, Q1 2020

Prague, May 15, 2020 – The technical consumer goods (TCG) market in the Czech Republic recorded growth by more than 12 percent in Q1 2020, compared to the same period in 2019.

The yearly positive development was generated by all sectors except Photo (PH) and Major Domestic Appliances (MDA) with year on year decrease. The most growing sectors were Consumer Electronics (CE) and Information Technology (IT).

 

 

Table summary

Czech Republic Q1 2020
Q2 2019 M. CZK Q3 2019 M. CZK Q4 2019 M. CZK Q1 2020 M. CZK Q1 2020 / Q1 2019 / +/- % Q1 2020 M. CZK Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 2,526 2,783 6,820 4,338 55.7% 4,338 55.7%
Photography (PH) 271 265 357 202 -19.6% 202 -19.6%
Major Domestic Appliances (MDA) 4,006 4,453 5,343 4,202 -0.8% 4,202 -0.8%
Small Domestic Appliances (SDA) 1,674 1,754 3,970 1,976 5.4% 1,976 5.4%
Information Technology (IT) 3,815 4,399 6,576 4,890 15.8% 4,890 15.8%
Telecommunications (TC) 5,703 6,009 9,196 5,487 1.1% 5,487 1.1%
Office Equipment & Consumables (OE) 370 382 541 470 7.7% 470 7.7%
GfK TEMAX ® Czech Republic 18,365 20,046 32,802 21,565 12.1% 21,565 12.1%
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