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Singapore’s Technical Consumer Goods sector improved in Q4 2017

GfK TEMAX® results for the Singapore, Q4 2017

The technical consumer goods (TCG) market in Singapore grew in the low double-digit range in the fourth quarter of 2017, compared to the same quarter last year, contributed by growth in six of the seven sectors. Three of the sectors—Telecommunications, Major Domestic Appliances, and Consumer Electronics achieved double digit growth, while Photo, Small Domestic Appliances and Office Equipment and Consumables turned in single digit expansion. Only the Information Technology sector registered a decline in the last quarter of 2017. 

Here you can find the latest press release for TEMAX

Seraphina Wee
Singapore

Table summary

Singapore Q4 2017
Q1 2017 M. SGD Q2 2017 M. SGD Q3 2017 M. SGD Q4 2017 M. SGD Q4 2017 / Q4 2016 / +/- % Q1-Q4 2017 M. SGD Q1-Q4 2017 / Q1-Q4 2016 +/- %
Consumer Electronics (CE) 101 110 106 145 10.2% 462 3.5%
Photography (PH) 54 57 59 67 7.5% 237 -4.4%
Major Domestic Appliances (MDA) 69 79 84 93 14.2% 326 11.9%
Small Domestic Appliances (SDA) 46 52 48 50 4.5% 196 1.1%
Information Technology (IT) 220 201 199 206 -9.1% 826 -16.1%
Telecommunications (TC) 403 449 396 626 35.2% 1,873 15.8%
Office Equipment & Consumables (OE) 7 7 8 9 1.1% 32 -33.3%
GfK TEMAX ® Singapore 900 956 900 1,196 17.1% 3,952 3.2%

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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