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Croatia telecom equipment market falls 21.2% in Q3

Croatia recorded a 21.2 percent fall in the value of telecom equipment market during the third quarter from the year earlier, according to a GfK TEMAX survey.

READ MORE: Croatian telecom sector may face possible ‘luxury tax’

IT equipment sales were down by 1.8 percent, while consumer electronics saw an annual growth of 32.7 percent. Overall, the technical consumer goods market in Croatia was worth HRK 1.47 billion (-4.8%).

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