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Back to slight growth in the German Technical Consumer Market in Q3 2018

GfK Temax ® results for Germany, Q3 2018  

Nuremberg, November, 2017 – In the third quarter of 2018, the German technical consumer goods (TCG) market slightly increased by 0.4 percent, compared to the same quarter in 2017. The market was affected by the negative growth trend in CE and IT, but also other sectors, e.g. Major Domestic Appliances confirmed the break of a more than 10 years growth trend lasting until 2017. On the other hand, double-digit value growth of Telecom offset all of the decreases in other sectors. The TCG market in Germany generated revenue of €14.0 billion in Q3 2018 and €41.7 billion in the first three quarters of 2018.

The press release has been replaced by the Category Insights chart below.

Table summary

Germany Q3 2018
Q4 2017 M. EUR Q1 2018 M. EUR Q2 2018 M. EUR Q3 2018 M. EUR Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. EUR Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 2,468 1,837 1,580 1,579 -10.4% 4,996 -10.5%
Photography (PH) 402 330 320 321 -11.3% 971 -9.3%
Major Domestic Appliances (MDA) 2,367 2,204 2,041 2,166 -1.3% 6,412 -1.6%
Small Domestic Appliances (SDA) 1,720 1,319 1,114 1,232 3.4% 3,666 1.4%
Information Technology (IT) 5,348 4,658 3,923 4,341 -3.2% 12,922 -1.7%
Telecommunications (TC) 3,779 3,073 3,061 3,249 14.9% 9,383 12.9%
Office Equipment & Consumables (OE) 1,194 1,150 1,103 1,097 -1.2% 3,350 -1.4%
GfK TEMAX® Germany 17,279 14,572 13,142 13,984 0.4% 41,698 0.2%

Economic data 2017

Germany
  • 2.5
    GDP growth in %
  • 44,550
    GDP per capita in USD
  • 3.7
    Unemployment rate in %
  • 1.7
    Inflation rate, avg. consumer prices in %
  • 40,628,737
    Number of households
  • 44,980
    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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