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February 28, 2021

Consumer durable goods sales up 2.2 pc in Western Europe

Western European consumer spent a total of EUR 44 bln in Q3 of 2010 on hard goods, more by 2.2 per cent than in the same period of 2009, according to the GfK Temax. The sectors of IT and small home appliances posed rises and three categories of goods had a better performance than the rest of the market: laptops, hot drink makers and mobile Phones. Most Western European countries show a steady positive trend and are looking at a promising year end. The IT market appreciated in the entire Western Europe by 10 per cent by the end of the quarter. The small home appliance sector posted 5.5 per cent growth, followed by the photo sector, up 5.4 per cent. The small home appliance market reports 3.8 per cent rise, office equipment market went up 1.5 per cent, while the telecom and consumer electronics market dropped by 2.9 per cent, respectively 4.2 per cent.

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