New Market Report: Consumer Electronics in Australia
Having risen sharply in the wake of the global financial crisis (GFC), the national household savings ratio continued to flat-line in 2012, with many consumers feeling confident to spend again. This had a positive impact on popular consumer electronic categories such as LCD televisions and tablets. Similarly, national economic growth remained on trend at 3% real GDP growth and this helped stimulate volume growth for these popular products. However, value decline continued in 2012 across...
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