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TEMAX Reports

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Text summary

Strong growth in telecommunications, information technology and small domestic appliances sectors lifted the overall Malaysian technical consumer goods market in Q1 2019

GfK TEMAX results for Malaysia, Q1 2019

Kuala Lumpur, April 30, 2019 – The technical consumer goods (TCG) market in Malaysia lifted by 14.3 per cent in Q1 2019, compared to the same quarter in 2018. Telecommunications (TEL), Information Technology (IT) and Small Domestic Appliances (SDA) gained in Q1 2019. These panels increased by 29.0 percent, 2.3 percent and 11.3 percent respectively. However, Consumer Electronics (CE), Photo (PHO), Major Domestic Appliances (MDA) and Office Equipment (OE) declined by 11.4 percent over the previous year.

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TEMAX Malaysia

+603 2289 0388

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Table summary

Malaysia Q1 2019

	Q2 2018 M. MYR	Q3 2018 M. MYR	Q4 2018 M. MYR	Q1 2019 M. MYR	Q1 2019 / Q1 2018 / +/- %	Q1 2019 M. MYR	Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE)	525	546	484	436	-18.9%	436	-18.9%
Photography (PH)	105	133	118	87	-18.3%	87	-18.3%
Major Domestic Appliances (MDA)	497	541	483	485	-1.9%	485	-1.9%
Small Domestic Appliances (SDA)	298	307	279	307	11.3%	307	11.3%
Information Technology (IT)	661	872	741	737	2.3%	737	2.3%
Telecommunications (TC)	3,026	3,062	3,428	3,588	29.0%	3,588	29.0%
Office Equipment & Consumables (OE)	68	76	69	70	-10.8%	70	-10.8%
GfK TEMAX ® Malaysia	5,180	5,538	5,602	5,710	14.3%	5,710	14.3%

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Economic data 2017

Malaysia

5.9

GDP growth in %
9,810

GDP per capita in USD
3.4

Unemployment rate in %
3.8

Inflation rate, avg. consumer prices in %
7,621,900

Number of households
N/A

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

TEMAX Malaysia

+603 2289 0388