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Daily News

Japan Appliance Sales Up in June
Jul 25, 2005
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Sales of major home appliances and consumer electronics rose 1.8 percent in June, the first rise in 2 months, the Nippon Electric Big-Store Association (NEBA) said.

For the January to June 2005 period, sales declined 0.09 percent from the year before to 909.3 billion yen (approx. U.S. $8.1 billion), the NEBA said.

The June increase was primarily due to increased sales of televisions, refrigerators, and air-conditioners -- three products that jointly account for nearly a third of total sales, according to association data.

In June, sales of televisions increased 10 percent, air-conditioners increased 3.9 percent, and refrigerators increased 2.7 percent compared to last year.

Despite the overall increase, sales of digital products such as PCs and DVD players fell, even while increasing by volume, the result of fierce price-cutting. Sales of PCs declined 11.9 percent while DVD players fell 7.6 percent. (AFX)

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