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Two of the seven sectors sales increased in the Hong Kong Technical Consumer Goods market in Q4 2018

GfK TEMAX® results for Hong Kong, Q4 2018

Hong Kong, Feb 4, 2019 – The Hong Kong technical consumer goods (TCG) market turn-over dropped by 7.9 percent in the fourth quarter of 2018 compared to the same quarter last year.

Small Domestic Appliances (SDA), Major Domestic Appliances (MDA) and Information Technology (IT) managed to attain positive growth in 2018Q4. On the other hand, Con-sumer Electronics (CE), Photography (PH), Telecommunications (TEL), Office Equipment (OE) declined compared with Q4 2017.  

Table summary

Hong Kong Q4 2018
Q1 2018 M. HKD Q2 2018 M. HKD Q3 2018 M. HKD Q4 2018 M. HKD Q4 2018 / Q4 2017 / +/- % Q1-Q4 2018 M. HKD Q1-Q4 2018 / Q1-Q4 2017 +/- %
Consumer Electronics (CE) 985 881 829 843 -11.4% 3,538 -2.0%
Photography (PH) 857 821 647 702 -15.6% 3,026 -13.9%
Major Domestic Appliances (MDA) 515 542 570 525 2.3% 2,152 0.5%
Small Domestic Appliances (SDA) 752 612 546 658 14.9% 2,567 3.2%
Information Technology (IT) 1,796 1,816 2,087 1,866 2.3% 7,565 3.0%
Telecommunications (TC) 6,090 4,775 4,781 6,200 -11.9% 21,844 9.3%
Office Equipment & Consumables (OE) 106 102 108 106 -5.6% 422 -3.4%
GfK TEMAX ® Hong Kong 11,099 9,548 9,568 10,899 -7.9% 41,115 4.0%

Economic data 2017

Hong Kong
  • 3.8
    GDP growth in %
  • 46,110
    GDP per capita in USD
  • 3.2
    Unemployment rate in %
  • 1.5
    Inflation rate, avg. consumer prices in %
  • 2,368,362
    Number of households
  • 59,238
    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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