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Continued growth in the Czech technical consumer goods market in Q3 2018

GfK TEMAX results for the Czech Republic, Q3 2018

Prague, November 15, 2018 – The technical consumer goods (TCG) market in the Czech Republic recorded growth by almost 6 percent in Q3 2018, compared to the same period in 2017.

The positive development was generated by all sectors except Photo (PH) with year on year decrease about 10 percent. The most growing sectors were Telecommunications (TC) and Consumer Electronic (CE) where growth exceeded 10%.

Table summary

Czech Republic Q3 2018
Q4 2017 M. CZK Q1 2018 M. CZK Q2 2018 M. CZK Q3 2018 M. CZK Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. CZK Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 3,663 2,250 1,973 2,140 9.4% 6,364 6.0%
Photography (PH) 423 263 304 280 -10.4% 847 -9.7%
Major Domestic Appliances (MDA) 4,655 3,732 3,478 3,885 4.7% 11,095 5.0%
Small Domestic Appliances (SDA) 2,751 1,473 1,243 1,365 5.4% 4,081 4.2%
Information Technology (IT) 5,567 3,767 3,425 3,822 2.1% 11,015 0.2%
Telecommunications (TC) 6,803 4,498 4,814 5,098 9.5% 14,410 15.4%
Office Equipment & Consumables (OE) 475 357 309 330 4.7% 996 -2.4%
GfK TEMAX ® Czech Republic 24,336 16,341 15,546 16,921 5.8% 48,808 6.3%

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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