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Overall, a positive trend in the Hungarian technical consumer goods market in Q4 2018

GfK Temax results of Hungary, Q4 2018

Budapest, Feb 15 2019  - The technical consumer goods (TCG) market in Hungary grew by 11,5 percent in Q4 2018, compared to the same period in 2017. Almost all sectors improved, with Telecommunications (TC) leading with double digit increases, but all the other sectors over performed themselves on year on year basis. After a long negative trend Photo sector showed certain growth.

Table summary

Hungary Q4 2018
Q1 2018 M. HUF Q2 2018 M. HUF Q3 2018 M. HUF Q4 2018 M. HUF Q4 2018 / Q4 2017 / +/- % Q1-Q4 2018 M. HUF Q1-Q4 2018 / Q1-Q4 2017 +/- %
Consumer Electronics (CE) 22,032 24,634 22,328 39,905 6.9% 108,899 16.7%
Photography (PH) 1,840 2,115 1,983 2,730 1.0% 8,667 -3.5%
Major Domestic Appliances (MDA) 28,758 30,235 33,289 41,780 6.0% 134,062 15.0%
Small Domestic Appliances (SDA) 9,696 9,932 10,362 20,678 10.9% 50,669 13.8%
Information Technology (IT) 35,773 42,708 37,083 49,533 10.5% 165,097 18.7%
Telecommunications (TC) 58,010 63,976 74,513 95,440 19.9% 291,938 21.8%
GfK TEMAX ® Hungary 156,110 173,599 179,557 250,066 12.4% 759,333 18.3%

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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