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Q1 2018 – Solid increase in the Slovakian technical consumer goods market 

GfK TEMAX results for Slovakia, Q1 2018

Prague, May 15, 2018 – In the first quarter 2018, the Slovakian technical consumer goods (TCG) market increased almost 7 percent, compared to the same quarter in 2017.

Positive development was traditionally generate by categories Small and Major domestic appliances (MDA and SDA) and also Telecommunications (TC) and Information technology (IT). On the other hand categories Consumer electronic (CE) and Photo (PH) declined

Zdeněk Bárta
Zdeněk Bárta
Czech Republic
+420 296 555 660

Table summary

Slovakia Q1 2018
Q2 2017 M. EUR Q3 2017 M. EUR Q4 2017 M. EUR Q1 2018 M. EUR Q1 2018 / Q1 2017 / +/- % Q1 2018 M. EUR Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 29 30 60 34 -7.7% 34 -7.7%
Photography (PH) 4 4 5 3 -8.3% 3 -8.3%
Major Domestic Appliances (MDA) 51 59 74 56 6.6% 56 6.6%
Small Domestic Appliances (SDA) 20 21 48 26 12.8% 26 12.8%
Information Technology (IT) 49 58 91 64 11.5% 64 11.5%
Telecommunications (TC) 46 59 93 50 9.8% 50 9.8%
Office Equipment & Consumables (OE) 0 0 0 0 -100.0% 0 -100.0%
GfK TEMAX ® Slovakia 199 231 372 233 6.5% 233 6.5%

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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