Japan's Appliance Shipments Up
Sep 26, 2007
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Shipments of home appliances in Japan in August, excluding air-conditioners, grew 3.6% from a year earlier to 113.4 billion yen (approx. US$989 million), rising for the fifth consecutive month. The sales figure was the highest in five years for the month of August, according to the Japan Electrical Manufactures' Association.

The increase came as sales of refrigerators rose 8.8% to 38.4 billion yen (US$296 million) on the back of record-breaking summer heat waves during the latest reporting month. Sales of washing machines dropped 3% in volume, but grew 4% in value due to to a strong demand for high-priced products. (Japan Today)

 

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