Ljubljana bourse indices advance, Krka gains most
Croatia’s main equity indices edge higher, turnover drops
Romanian stock close mixed in higher turnover
Romanian c-bank likely to hold key rate at 7% - Erste
Most Sofia bourse indices rise, Sopharma paces gainers
Nov 11, 2019 17:07 EEST
November 11 (SeeNews) - Croatia's technical consumer goods (TCG) market has expanded by 6.0% on the year to 4.76 billion kuna ($706 million/640 million euro) in the first nine months of 2019, market research company GfK said.
In the third quarter alone, the TCG market grew by an annual 1.5% to 1.6 billion kuna with the segment of major domestic appliances (MDA) being the main growth driver, while the telecommunications (TC) segment recorded a decline, a GfK TEMAX survey on Croatia published last week showed.
In particular, MDA sales in Croatia jumped 17.6% on the year to 313 million kuna in the third quarter alone and registered an 8.9% increase to 865 million kuna in January-September, the report said.
On the other hand, TC sales dropped 5.6% on the year to 848 million kuna in July-September, while still growing 8.7% to 2.64 billion kuna in the first nine months of 2019.
The sale of consumer electronics (CE), the third most important TCG segment, edged up by an annual 0.7% to 166 million kuna in the third quarter, while falling 9.5% to 486 million kuna in the first nine months.
GfK's technical market index (TEMAX) tracks the sales of technical consumer goods in more than 40 countries.
(1 euro = 7.43812 kuna)
You have run out of free articles this month.
Sign up in for
and get two (2) free articles more per month or sign up for
and get unlimited access.
Browse our free newsletter options