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Results for GfK TEMAX® Russia for Q3 2018.

Moscow, November 6th, 2018 – In the third quarter of 2018, the Russian technical consumer goods (TCG) market has grown by 16.8 percent, compared to the Q3 2017. The market development is so positive as consumers tend to spend more in anticipation of higher prices in Q4 due to the unfavorable rouble exchange rate. Telecom sector is ahead of all other markets by growth of 23%, followed by IT (17.7%) and SDA (15%). All other sectors grew in value ranging from 3.9% as photo to almost 13% (CE). The TCG market in Russia generated revenue of almost 442 billion Rub in Q3 year 2018.

The press release has been replaced by the Category Insights chart below.

Table summary

Russia Q3 2018
Q4 2017 M. RUB Q1 2018 M. RUB Q2 2018 M. RUB Q3 2018 M. RUB Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. RUB Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 78,128 57,108 50,738 58,294 14.5% 166,140 12.8%
Photography (PH) 4,258 3,406 3,926 4,139 10.4% 11,471 3.9%
Major Domestic Appliances (MDA) 72,148 59,103 64,597 83,360 15.1% 207,061 12.3%
Small Domestic Appliances (SDA) 38,453 34,179 27,501 35,850 19.3% 97,530 15.0%
Information Technology (IT) 92,358 74,160 68,695 90,374 22.3% 233,229 17.7%
Telecommunications (TC) 160,727 120,973 121,898 155,892 21.9% 398,762 22.6%
Office Equipment & Consumables (OE) 16,031 12,577 12,732 13,955 7.2% 39,263 6.7%
GfK TEMAX ® Russia 462,103 361,505 350,087 441,865 18.8% 1,153,457 16.8%

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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