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6.9% growth in the third quarter of 2018

Johannesburg, November 16, 2018 – In the third quarter of 2018, the South Africa technical consumer goods (TCG) market grew by 6.4 percent, compared to the same quarter in 2017. Telecommunications, the biggest contributor to the South African market, grew by 9.7%. Information Technology (IT) saw a 6.2% growth, and Small Domestic Appliances (SDA) saw an 18% growth

Table summary

South Africa Q3 2018
Q4 2017 M. ZAR Q1 2018 M. ZAR Q2 2018 M. ZAR Q3 2018 M. ZAR Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. ZAR Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 2,589 1,676 1,858 1,871 6.4% 5,404 5.0%
Photography (PH) 275 201 209 155 -30.7% 564 -4.3%
Major Domestic Appliances (MDA) 4,230 3,066 3,048 3,251 0.9% 9,365 1.8%
Small Domestic Appliances (SDA) 1,061 846 950 999 18.0% 2,795 14.6%
Information Technology (IT) 2,154 2,646 2,213 2,104 6.2% 6,963 7.9%
Telecommunications (TC) 9,996 9,083 8,866 9,180 9.7% 27,129 15.8%
Office Equipment & Consumables (OE) 467 521 484 493 4.5% 1,497 -4.9%
GfK TEMAX ® South Africa 20,772 18,039 17,628 18,051 7.0% 53,718 10.0%

Economic data 2017

South Africa
  • 1.3
    GDP growth in %
  • 6,180
    GDP per capita in USD
  • 27.7
    Unemployment rate in %
  • 5.3
    Inflation rate, avg. consumer prices in %
  • 16,923,311
    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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