GFK
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GfK: Romanian Consumers' Economic Expectations Declined In 2015 Despite Significant Economic Growth
Romanian consumers' economic expectations declined in December 2015 while their income is still only just enough to buy the necessities for everyday life, although the economy grew considera...
GfK: Money Resulted From VAT Cut On Food Returned To FMCG Market
Romanians spent most of the money resulted from food VAT cut on food products, followed by non-food products, while the rest went to other expenses or saving, according to a GfK survey.
GfK: Romanian Durable Goods Market Up 9.5% To EUR534M In 3Q
Romania’s durable consumer goods market rose 9.5% to EUR534 million on the year in the third quarter of 2015, with an upward trend for telecom segment, according to a GfK survey.
GfK: Romanians Expect Income Increase, Willingness To Spend Still Low
Romanians expect an increase in their incomes given the growing economy, but the low incomes, which usually suffice only to pay for everyday necessities, trigger a low willingness to spend,...
GfK: One Third Of Romanians Save Money On A Regular Basis
One third of Romanians save money on a regular basis for the future of their family, while over half direct the funds to private pension funds and 10% keep the funds in a bank; nevertheless,...
GfK: Nearly 20% Of Romanians In Urban Area Use Smart TVs
Nearly 20% of the Romanians in urban areas are familiar with smart TVs and already have one, while 70% of teenagers aged between 15 and 17 want a smart TV, according to a GfK Romania survey...
GfK: Romanian Durable Goods Market Up 6.4% To EUR449M In 2Q
Romania’s durable consumer goods market rose 6.4% to EUR449 million on the year in the second quarter of 2015, with an upward trend for telecom and home appliances segments, while the IT sec...
GfK: Major Purchases Remain Almost Impossible For Most Of Romanians
Romanians are optimistic regarding economic growth and salary increase, but their standard of living continues to remain very low, as incomes are just enough to pay for their daily necessiti...
GfK: Consumer Budgets Rise But Prioritization Remains Key
The general economic climate favors consumption but consumers will continue to prioritize their spending even though their expenses budgets are higher, according to a study by GfK.