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Singapore’s Technical Consumer Goods sector improved in Q1 2019

GfK TEMAX® results for the Singapore, Q1 2019

The overall technical consumer goods market in Singapore increased by 3.3% in the first quarter of 2019 compared to the same quarter last year. Two of the seven sectors— Small Domestic Appliances and Telecommunications registered growth in the latest quarter, while the rest— Major Domestic Appliances, Information Technology, Telecommunications, Consumer Electronics, Consumables declined in the double digit range after Digital TV transition completed in 2018.

Seraphina Wee
Singapore

Table summary

Singapore Q1 2019
Q2 2018 M. SGD Q3 2018 M. SGD Q4 2018 M. SGD Q1 2019 M. SGD Q1 2019 / Q1 2018 / +/- % Q1 2019 M. SGD Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 130 111 143 102 -19.7% 102 -19.7%
Photography (PH) 62 55 72 59 -5.9% 59 -5.9%
Major Domestic Appliances (MDA) 79 74 87 76 -6.4% 76 -6.4%
Small Domestic Appliances (SDA) 54 51 65 62 18.8% 62 18.8%
Information Technology (IT) 176 176 186 188 -2.8% 188 -2.8%
Telecommunications (TC) 498 440 570 632 18.3% 632 18.3%
Office Equipment & Consumables (OE) 8 8 8 8 0.9% 8 0.9%
GfK TEMAX ® Singapore 1,007 914 1,131 1,127 6.4% 1,127 6.4%

Economic data 2017

Singapore
  • 3.6
    GDP growth in %
  • 57,710
    GDP per capita in USD
  • 2.0
    Unemployment rate in %
  • 0.6
    Inflation rate, avg. consumer prices in %
  • 1,272,049
    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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