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Continued growth in the Slovak technical consumer goods market in Q1 2019

GfK TEMAX results for Slovakia, Q1 2019

Prague, May 15, 2019 – In the Q1 2019, the Slovak technical consumer goods (TCG) market recorded growth more than 4 percent, compared to the same quarter in 2018.

The most dynamic development recorded Telecommunications (TC) followed by Major and Small domestic appliances (MDA and SDA). Photo (PH), Information Technology (IT) and Consumer Electronics (CE) recorded year on year decrease.

Table summary

Slovakia Q1 2019
Q2 2018 M. EUR Q3 2018 M. EUR Q4 2018 M. EUR Q1 2019 M. EUR Q1 2019 / Q1 2018 / +/- % Q1 2019 M. EUR Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 27 28 56 33 -4.2% 33 -4.2%
Photography (PH) 3 3 4 3 -13.0% 3 -13.0%
Major Domestic Appliances (MDA) 57 66 82 63 11.4% 63 11.4%
Small Domestic Appliances (SDA) 21 24 55 28 8.7% 28 8.7%
Information Technology (IT) 50 56 84 59 -7.7% 59 -7.7%
Telecommunications (TC) 73 91 137 79 14.0% 79 14.0%
Office Equipment & Consumables (OE) 0 0 0 0 -100.0% 0 -100.0%
GfK TEMAX ® Slovakia 232 268 418 264 4.6% 264 4.6%

Economic data 2017

Slovakia
  • 3.4
    GDP growth in %
  • 17,660
    GDP per capita in USD
  • 7.9
    Unemployment rate in %
  • 1.3
    Inflation rate, avg. consumer prices in %
  • 1,813,885
    Number of households
  • 25,169
    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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