{"id":1616,"date":"2024-09-11T06:04:43","date_gmt":"2024-09-11T06:04:43","guid":{"rendered":"https:\/\/ofero.news\/?p=1616"},"modified":"2024-09-11T06:04:43","modified_gmt":"2024-09-11T06:04:43","slug":"romanias-market-for-fmcg-and-electro-it-goods-up-7-4-y-y-to-eur-11-7-bln-in-h1","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=1616","title":{"rendered":"Romania\u2019s market for FMCG and electro-IT goods up 7.4% y\/y to EUR 11.7 bln in H1"},"content":{"rendered":"<p>The market of fast-moving consumer goods (FMCG) and technical products (electro-IT) grew by 7.4%y\/y to RON 58.5 billion (EUR 11.77 billion) in the first half of 2024 (H1), according to a GFK report quoted by <a href=\"https:\/\/www.economica.net\/romanii-au-cheltuit-in-prima-jumatate-a-anului-585-miliarde-de-lei-pe-bunuri-de-larg-consum-si-device-uri_772155.html?mc_cid=d3f123fd95&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Economica.net<\/a>.\u00a0Food sales made up the largest part of the market.\u00a0<\/p>\n<p>Lower inflation encouraged Romanian consumers, but the desire to make important purchase decisions is still at a low level, although increasing, GFK said.<\/p>\n<p>In volume terms, the advance was much smaller if the GFK nominal growth was deflated by the inflation that eased this year but still measured 6.2% y\/y in H1. The prices of food goods increased by 2.9% y\/y and those of non-food goods by 7.2% y\/y in H1.<\/p>\n<p>The statistics office reported a 4% y\/y rise in the sales of food goods and a robust 14% y\/y rise in the sales of non-food goods (not including car fuels).<\/p>\n<p>Of the total market assessed by GFK, RON 48.9 billion was spent on FMCG, 6.9% more than in the similar period of 2023, and RON 9.6 billion (10.3% up y\/y) on electro-IT (household appliances, phones, tablets, laptops, televisions, other IT products).<\/p>\n<p>Romanians spent 5.3% more on food, 11% more on non-alcoholic beverages, and 6% more on medicines in H1, according to GFK.<\/p>\n<p>Thus, from the consumption basket, Romanians spent 45.4% on food (compared to 46.3% last year) and 14.4% on non-alcoholic beverages (compared to 14.9% of the basket, last year).<\/p>\n<p>At the same time, the GFK study indicates significant increases of 73% in value for home comfort products such as air conditioners, 23% for cameras, 13% for office equipment, and 19% for small home appliances. The market for telecom products grew by 7%, and that of IT and storage by 8%.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">Billy Blume\/Dreamstime.com)<\/a><\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The market of fast-moving consumer goods (FMCG) and technical products (electro-IT) grew by 7.4%y\/y to RON 58.5 billion (EUR 11.77 billion) in the first half of 2024 (H1), according to a GFK report quoted by Economica.net.\u00a0Food sales made up the largest part of the market.\u00a0 Lower inflation encouraged Romanian consumers, but the desire to make [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1616","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1616"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1616\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}