During the last quarter of 2016 the IT and Office Equipment market decreased in value by only -0,1%, the best quarter of the year 2016 for a total value of close to 545 Mio €.
No double digit growth numbers for the final quarter of 2016. Nevertheless we noted a growth of 1,6% in Q4 and an excellent growth of 10,1% for total 2016 in the Telecom market.
Conclusions for the last quarter of 2016 are in line with previous quarters giving way to a full year review. Once again the white goods market advances, although slower than during 2015.
The last quarter of 2016 showed again a –very- positive growth for Small Domestic Appliances. Only a few categories showed a decline, mainly within the Personal Care segment.
With a 7,6% decline in the fourth quarter of 2016, there’s no denying physical media sales keep struggling in the digital age.
The Belgian book market is still in decline, but gradually slowing down following a decline of -1,3% in the third and a growth of 0,9% in the fourth quarter.
The last quarter of the year finally shows some positive results for the Belgian Fashion market: three months of growth, leading to a nice +3,7% value growth. This means a turnover increase of almost 29 million € in our Leaderpanel. After nine consecutive months of declining sales, this is definitely an important change in trend!
At the end of the year, we are registering a turnover growth of approximately 2% for the DIY Superstores. Although 2016 has known a troublesome start, the consecutive growth figures from July all the way to December have led to this positive result.
GfK’s sales tracking of four key European retail optics markets (Italy, France, Spain and Germany), shows a turnover of €17.6 billion for total year 2016. This is a sales value growth of 0.9 percent compared to the previous year. GfK released the findings at the international MIDO 2017 trade fair in Milan.
It’s often been said that the world is divided into two kinds of people; those who like to spend their holidays seeing and doing things, and others who just want to lie on the beach. Recent global research from GfK shows that the truth is a little more complicated.
Although the referendum vote to leave the European Union caused anxiety about its effect on business (as indicated by the pessimism and caution registered in GfK’s post referendum consumer confidence survey) sales of electrical durables over the second half of 2016 appeared largely unaffected.
But does January’s dip in Major Purchase Index predict slowing consumer spending for 2017?
GfK’s long-running Consumer Confidence Index has increased two points this month to -5. Three of the five measures saw increases in January, one was unchanged, and the other decreased.