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Overall, a positive trend in the Hungarian technical consumer goods market in Q3 2018

GfK Temax results of Hungary, Q3 2018

Budapest, Nov 15 2018  - The total turnover of the Technical Consumer Goods (TCG) in Hungary has registered a considerable  growth in Q3 of 2018: the sales expanded by a total of 15,4 % in comparison with the same period of the prior year, reaching a total turnover of HUF  159,6 billion. This increase was supported by the rise in demand of all consumer goods with the exception of Information Technology and Photo sector. The Telecom sector still brings the largest turnover.

Table summary

Hungary Q3 2018
Q4 2017 M. HUF Q1 2018 M. HUF Q2 2018 M. HUF Q3 2018 M. HUF Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. HUF Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 37,327 22,034 24,635 22,329 18.0% 68,997 23.2%
Photography (PH) 2,702 1,840 2,115 1,983 -3.4% 5,937 -5.4%
Major Domestic Appliances (MDA) 39,423 28,758 30,235 33,289 14.6% 92,282 19.6%
Small Domestic Appliances (SDA) 18,653 9,696 9,903 10,327 15.8% 29,927 15.7%
Information Technology (IT) 44,825 35,773 42,708 37,083 7.5% 115,564 22.6%
Telecommunications (TC) 79,614 58,010 63,976 74,513 25.8% 196,498 22.8%
GfK TEMAX ® Hungary 222,544 156,111 173,572 179,524 17.6% 509,207 21.4%

Economic data 2017

Hungary
  • 4.0
    GDP growth in %
  • 15,530
    GDP per capita in USD
  • 4.3
    Unemployment rate in %
  • 2.4
    Inflation rate, avg. consumer prices in %
  • 4,046,147
    Number of households
  • 15,024
    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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