GfK: the sales of technical products increased by 8.7 percent in the fourth quarter
The sales of durable technical goods achieved an 8.7 percent growth in the fourth quarter of last year, compared to the same period of the previous year, The total turnover exceeded 192 billion HUF. The growth drivers were telecommunications equipments and large household appliances – the GfK Hungária Market Research Institute published on Tuesday.
The study found that in the fourth quarter of last year, the large household appliances market recovered strongly with a 24 percent. It is a much higher increase compared to the other sectors. The washing machine replacement program played a major role in this increase: more than one and a half times more washing machines were sold than in the last quarter of the previous year. Half of the purchased washing machines were A +++ – models. (MTI)
Related news
GfK’s European commercial purchasing power study is now available
The average commercial purchasing power in Europe is 6,517 euros…
Read more >Milk and dairy product alternatives optimised for healthy nutrition
This article is available for reading in Trade magazin 2024/5…
Read more >Domestic ham consumption has decreased
According to recent data published by the Hungarian Meat Association,…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >