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Singapore’s Technical Consumer Goods sector improved in Q4 2018

GfK TEMAX® results for the Singapore, Q4 2018

The overall technical consumer goods market in Singapore declined by 3.3% in the last quar-ter of 2018 compared to the same quarter last year. Two of the seven sectors— Small Do-mestic Appliances and Photo registered growth in the latest quarter, while the rest— Major Domestic Appliances, Information Technology, Telecommunications, Consumer Electronics, Office Equipment and Consumables declined in the single digit range. 

Seraphina Wee
Singapore

Table summary

Singapore Q4 2018
Q1 2018 M. USD Q2 2018 M. USD Q3 2018 M. USD Q4 2018 M. USD Q4 2018 / Q4 2017 / +/- % Q1-Q4 2018 M. USD Q1-Q4 2018 / Q1-Q4 2017 +/- %
Consumer Electronics (CE) 96 98 81 105 -8.6% 380 11.6%
Photography (PH) 47 47 40 53 2.7% 187 8.5%
Major Domestic Appliances (MDA) 61 59 54 64 -12.3% 238 -0.8%
Small Domestic Appliances (SDA) 39 41 37 48 11.4% 165 10.4%
Information Technology (IT) 146 133 129 136 -11.8% 544 -4.7%
Telecommunications (TC) 402 376 321 418 -11.5% 1,517 14.3%
Office Equipment & Consumables (OE) 6 6 6 6 -7.5% 23 4.7%
GfK TEMAX ® Singapore 797 760 667 828 -9.3% 3,053 8.2%

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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