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Romania's Jan-Sept Technical Consumer Goods Market Falls 42.3% - GfK

Nov 16, 2009, 3:23:47 PMArticle by Kristina Belkina
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BUCHAREST (Romania), November 16 (SeeNews) – Romania's technical consumer goods market fell by an annual 42.3% to 1.0 billion euro ($1.5 billion) in the first nine months of the year, as sales in all segments decreased, market research company GfK Romania said on Monday.

Romania's Jan-Sept Technical Consumer Goods Market Falls 42.3% - GfK

In the third quarter alone, the market totalled 336 million euro, 45.8% down on the year, it said in a statement.

The sales of office equipment and consumables suffered most in the January-September period, falling by 53.2%. Sales of small domestic appliances were the least affected in the first nine months, dipping by 23.2%.

Romanian technical consumer goods market by sectors in Jan-Sept:

Jan-Sept'09 (in millions of euro) y/y pct change Q3'09 Q3'09/Q3'08 pct change
Total 1,000 -42.3 336 -45.8
Consumer electronics 167 -43.3 56 -44.8
Photo 25 -46.9 9 -52.1
Major domestic appliances 241 -37.6 96 -38.4
Small domestic appliances 51 -23.2 18 -25.1
Information and Technology 302 -50.8 86 -58.1
Telecommunication 180 -28.6 61 -33.5
Office equipment and consumables 34 -53.2 10 -57.3

The GfK Group operates through 150 subsidiaries in more than 100 countries. It activates in custom research, retail and technology and media.

($=0.6676 euro)

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