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The Finnish technical consumer goods market grew during Q1 2018 compared to previous year.

GfK TEMAX results for Finland, Q1 2018

Helsinki. May 8th, 2018 – The technical consumer goods (TCG) market in Finland continued the positive trend from the end of last year. Q1 2018 grew with 2,1% compared to last year. The Q1 2018 TCG market in Finland generated a revenue of €695 million.

Improving sectors were small domestic appliances (SDA), consumer electronics (CE), telecom-munications (TC), major domestic appliances (MDA) and information technology (IT).

The decline sectors were photography (PH) and office equipment (OE).

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Finland Q1 2018
Q2 2017 M. EUR Q3 2017 M. EUR Q4 2017 M. EUR Q1 2018 M. EUR Q1 2018 / Q1 2017 / +/- % Q1 2018 M. EUR Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 81 85 135 92 6.1% 92 6.1%
Photography (PH) 11 9 11 8 -13.2% 8 -13.2%
Major Domestic Appliances (MDA) 101 115 113 98 0.2% 98 0.2%
Small Domestic Appliances (SDA) 39 43 68 43 16.6% 43 16.6%
Information Technology (IT) 183 237 246 194 0.1% 194 0.1%
Telecommunications (TC) 219 230 306 222 2.6% 222 2.6%
Office Equipment & Consumables (OE) 38 34 35 37 -4.7% 37 -4.7%
GfK TEMAX ® Finland 671 753 916 695 2.1% 695 2.1%

Economic data 2017

Finland
  • 3.0
    GDP growth in %
  • 46,020
    GDP per capita in USD
  • 8.7
    Unemployment rate in %
  • 0.8
    Inflation rate, avg. consumer prices in %
  • 2,654,657
    Number of households
  • 42,029
    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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