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Results for GfK TEMAX® Russia for Q4 2018.

Moscow, February 4th, 2019 – In the fourth quarter of 2018, the Russian technical consumer goods (TCG) market has grown by 16.3 percent, compared to the Q4 2017. The positive market development continued as consumers finding the attractive offers in retail and considering the price growth due to VAT increase in 2019. Telecom sector has lost the leading position in terms of growth (12.5%) while IT has gained top position (22%), followed by SDA (20.4%) and MDA (20.2%). All other sectors grew in value ranging from 5.3% as photo to 13.3% (CE). The TCG market in Russia generated revenue over 1 690 billion Rub in year 2018.

The press release has been replaced by the Category Insights chart below.

Table summary

Russia Q4 2018
Q1 2018 M. RUB Q2 2018 M. RUB Q3 2018 M. RUB Q4 2018 M. RUB Q4 2018 / Q4 2017 / +/- % Q1-Q4 2018 M. RUB Q1-Q4 2018 / Q1-Q4 2017 +/- %
Consumer Electronics (CE) 57,173 50,734 58,291 88,529 13.3% 254,727 13.0%
Photography (PH) 3,406 3,926 4,136 4,484 5.3% 15,951 4.2%
Major Domestic Appliances (MDA) 59,103 64,597 83,360 86,746 20.2% 293,807 14.5%
Small Domestic Appliances (SDA) 34,179 27,501 35,850 46,287 20.4% 143,817 16.7%
Information Technology (IT) 74,160 68,695 90,379 112,744 22.1% 345,977 19.1%
Telecommunications (TC) 120,973 121,898 155,892 180,764 12.5% 579,527 19.2%
Office Equipment & Consumables (OE) 12,577 12,732 13,955 17,763 10.8% 57,026 8.0%
GfK TEMAX ® Russia 361,570 350,083 441,863 537,316 16.3% 1,690,832 16.6%

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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