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Continued growth in the Czech technical consumer goods market in Q1 2018

GfK TEMAX results for the Czech Republic, Q1 2018

Prague, May 15, 2018 – The technical consumer goods (TCG) market in the Czech Republic grew by almost 6 percent in Q1 2018, compared to the same period in 2017.

 The positive total development was generated mostly by sectors Telecommunications (TC), Major and Small Domestic Appliances (MDA and SDA) and also by Consumer Electronic (CE). On the other side negative development was recorded by sectors Photo (PH), Information Technology (IT) and Office Equipment and Consumables (OE).

Zdeněk Bárta
Zdeněk Bárta
Czech Republic
+420 296 555 660

Table summary

Czech Republic Q1 2018
Q2 2017 M. CZK Q3 2017 M. CZK Q4 2017 M. CZK Q1 2018 M. CZK Q1 2018 / Q1 2017 / +/- % Q1 2018 M. CZK Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 1,970 2,080 3,891 2,388 2.6% 2,388 2.6%
Photography (PH) 359 332 450 279 -8.7% 279 -8.7%
Major Domestic Appliances (MDA) 3,615 4,052 5,079 4,075 5.0% 4,075 5.0%
Small Domestic Appliances (SDA) 1,424 1,507 3,234 1,725 5.5% 1,725 5.5%
Information Technology (IT) 3,913 4,328 6,421 4,368 -2.5% 4,368 -2.5%
Telecommunications (TC) 4,337 5,002 7,359 4,884 19.7% 4,884 19.7%
Office Equipment & Consumables (OE) 379 357 538 405 -3.6% 405 -3.6%
GfK TEMAX ® Czech Republic 15,997 17,658 26,971 18,124 5.8% 18,124 5.8%

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
Zdeněk Bárta
Czech Republic
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