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TCG is a relatively stable market in the fourth quarter of 2019

GfK Temax results of Hungary, Q4 2019

Budapest, Feb 15 2020  -  The HU technical consumer goods (TCG) market turnover grew by 4.2 percent in the third quarter of 2019 compared to the same quarter last year. Major and Small Domestic Appliances, and Telecom provided growth, while Consumer Electronics, Photo and Office Equipment & Consumables are in decline in Q4. TCG market in Hungary generated €260,9 million between October and December.

Table summary

Hungary Q4 2019
Q1 2019 M. HUF Q2 2019 M. HUF Q3 2019 M. HUF Q4 2019 M. HUF Q4 2019 / Q4 2018 / +/- % Q1-Q4 2019 M. HUF Q1-Q4 2019 / Q1-Q4 2018 +/- %
Consumer Electronics (CE) 21,770 20,849 21,195 37,436 -6.2% 101,251 -7.0%
Photography (PH) 1,816 2,106 1,891 2,606 -4.5% 8,419 -2.9%
Major Domestic Appliances (MDA) 32,437 36,322 35,922 47,821 14.5% 152,502 13.8%
Small Domestic Appliances (SDA) 10,734 11,239 11,651 24,477 18.4% 58,101 14.7%
Information Technology (IT) 32,116 31,179 35,947 52,197 6.1% 151,439 -7.8%
Telecommunications (TC) 65,720 71,343 73,482 96,343 0.4% 306,888 4.5%
GfK TEMAX ® Hungary 164,592 173,038 180,088 260,881 4.2% 778,599 2.4%
 
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