Sales of electronics and IT&C products continue to go down

The domestic consumer goods market contracted by 15% to 266m euros in the second quarter, from 316m euros, according to a survey by GfK market research firm, with the value being lower than in the first quarter, of 271m euros.

In the IT field, sales slid by 20.5% to 69m euros. According to GfK, notebooks boasted the biggest sales among all the products on this segment, but could not reverse the negative trend of the overall market.
Nevertheless, the research company points out that the decline slowed down against the first quarter of 2010, when the market dropped by 38.2% to 80m euros.
Also, Romanians spent 28.5% less on mobile phones in the second quarter against a year ago, with the hardware telecom market hitting 39m euros. The office equipment segment saw sales go down by 28.9%, the weakest trend among those monitored by GfK in the second quarter.
The field of consumer electronics was the only one among those watched by GfK that expanded in the second quarter. The market grew by 1.3%, reaching sales of 55m euros, with the products in highest demand being flat screen TV sets and video game consoles. For the rest of electronics, growth rates stayed in negative territory.