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Continued growth in the Czech technical consumer goods market in Q4 2018

GfK TEMAX results for the Czech Republic, Q4 2018

Prague, February 15, 2019 – The technical consumer goods (TCG) market in the Czech Republic recorded growth by almost 8 percent in Q4 2018, compared to the same period in 2017.

The positive development was generated by all sectors except Photo (PH) with year on year decrease. The most growing sectors were Telecommunications (TC) and Consumer Electronic (CE).

Table summary

Czech Republic Q4 2018
Q1 2018 M. CZK Q2 2018 M. CZK Q3 2018 M. CZK Q4 2018 M. CZK Q4 2018 / Q4 2017 / +/- % Q1-Q4 2018 M. CZK Q1-Q4 2018 / Q1-Q4 2017 +/- %
Consumer Electronics (CE) 2,388 2,097 2,274 4,330 11.3% 11,089 8.0%
Photography (PH) 279 323 298 416 -29.4% 1,316 -31.0%
Major Domestic Appliances (MDA) 4,075 3,797 4,233 5,387 6.1% 17,491 5.2%
Small Domestic Appliances (SDA) 1,725 1,453 1,597 3,532 9.2% 8,307 6.5%
Information Technology (IT) 4,368 3,969 4,425 6,425 0.1% 19,187 0.2%
Telecommunications (TC) 4,884 5,249 5,590 8,578 16.6% 24,301 17.0%
Office Equipment & Consumables (OE) 405 350 374 588 9.7% 1,717 1.5%
GfK TEMAX ® Czech Republic 18,123 17,239 18,791 29,256 7.9% 83,408 6.6%

Economic data 2017

Czech Republic
  • 4.3
    GDP growth in %
  • 20,150
    GDP per capita in USD
  • 3.1
    Unemployment rate in %
  • 2.4
    Inflation rate, avg. consumer prices in %
  • 4,403,327
    Number of households
  • 20,167
    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; Updated: 5 May 2018
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