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Results for GfK TEMAX® Russia for Q1 2018.

Moscow, May 15, 2018 – In the first quarter of 2018, the Russian technical consumer goods (TCG) market expanded by 17.6 percent, compared to the Q1 2017. The market gradual recovery is driven by positive consumer attitudes. Only the photo sector declined by 4% while telecom, small domestic appliances (SDA) and IT markets have recorded two-digits growth. All other sectors grew in value ranging from 4% to almost 10%. The TCG market in Russia generated revenue of 372 billion Rub in Q1 2018.

The press release has been replaced by the Category Insights chart below.

Table summary

Russia Q1 2018
Q2 2017 M. RUB Q3 2017 M. RUB Q4 2017 M. RUB Q1 2018 M. RUB Q1 2018 / Q1 2017 / +/- % Q1 2018 M. RUB Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 44,244 50,908 78,119 57,150 9.7% 57,150 9.7%
Photography (PH) 3,745 3,749 4,258 3,406 -4.0% 3,406 -4.0%
Major Domestic Appliances (MDA) 56,636 72,701 72,405 59,353 6.8% 59,353 6.8%
Small Domestic Appliances (SDA) 23,860 30,035 38,404 34,175 10.8% 34,175 10.8%
Information Technology (IT) 58,144 73,892 92,547 74,284 12.2% 74,284 12.2%
Telecommunications (TC) 91,170 118,407 134,137 131,099 36.0% 131,099 36.0%
Office Equipment & Consumables (OE) 11,613 13,017 16,031 12,721 4.7% 12,721 4.7%
GfK TEMAX ® Russia 289,412 362,710 435,901 372,188 17.5% 372,188 17.5%

Economic data 2017

Russia
  • 1.5
    GDP growth in %
  • 10,610
    GDP per capita in USD
  • 5.2
    Unemployment rate in %
  • 3.7
    Inflation rate, avg. consumer prices in %
  • 57,193,100
    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
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