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A still positive forth quarter 2019 for Hungarian technical consumer goods market 

GfK Temax results of Hungary, Q1 2019

Budapest, May 15 2019  - Compared to the first quarter of 2018, the technical consumer goods (TCG) market in Hungary grew in Q12019 by 5,6 percent with turnover of HUF164.6million. Mostly driven by the upswing of the Major and Small Domestic Appliances and Telecom sector. Consumer Electronics, Information Technology and Photo sectors turn to negative trend. 

Table summary

Hungary Q1 2019
Q2 2018 M. HUF Q3 2018 M. HUF Q4 2018 M. HUF Q1 2019 M. HUF Q1 2019 / Q1 2018 / +/- % Q1 2019 M. HUF Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 24,633 22,327 39,903 21,771 -1.2% 21,771 -1.2%
Photography (PH) 2,115 1,983 2,730 1,816 -1.3% 1,816 -1.3%
Major Domestic Appliances (MDA) 30,235 33,289 41,780 32,437 12.8% 32,437 12.8%
Small Domestic Appliances (SDA) 9,932 10,362 20,678 10,734 10.7% 10,734 10.7%
Information Technology (IT) 42,576 36,926 49,218 32,119 -9.8% 32,119 -9.8%
Telecommunications (TC) 63,936 74,611 95,431 65,782 13.6% 65,782 13.6%
GfK TEMAX ® Hungary 173,427 179,497 249,740 164,659 5.6% 164,659 5.6%

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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