GfK’s long-running Consumer Confidence Index has decreased by two points to –9 for March. One measure increased, three measures decreased, and one measure remained the same this month.
TV sales in Britain jump in the week 15th – 21st March, up +59.5% in volume compared to the same week last year, and +43.3% in value.
Purchases of durable goods in Britain has increased 41.9% in week 12, compared to last year, with massive growth in items such as chest freezers, IT monitors, mobile computing, hair clippers and media tablets. Online share of total sales now accounts for almost 50% of the market.
Purchases of Gaming consoles and accessories soars in the UK in the week 15-21 March 2020.
British consumers almost doubled the number of IT monitors bought during the week ending 14th March compared to the week before. In contrast to the same period last year, that is a staggering growth of 133.9% in volume, and 132.3% in value.
GfK’s point of sales data is tracking large increases in the DIY / Home market for Great Britain – with sales in the week 9th - 15th March up +4.9% in value compared to the same period last year.
The first week of March alone saw almost a fifth of the total freezer sales in Great Britain so far this year.
Consumer sentiment sees third monthly increase in a row. GfK’s long-running Consumer Confidence Index has increased two points to –7 for February. Three measures increased, one measure decreased, and one measure remained the same this month.
GfK experts estimate that more than 1.37 billion smartphones will be sold globally, accounting for nearly half of the consumer budget for tech and durable goods this year – and generating a total turnover of €444 billion.
Forget the hype – what do people’s personal statements and purchase behavior say about how Brexit will affect us?
GfK’s long-running Consumer Confidence Index has increased two points to –9 for January. Four measures increased, and one measure decreased this month.
GfK experts expect the global market for technical consumer goods to grow +2.5 percent in value in 2020, with consumers spending an estimated €1.05 trillion*. Telecoms (+3 percent), Small Domestic Appliances (+8 percent) and Major Domestic Appliances (+2 percent) will drive the growth.