May:

GST impact: Prices of home appliances may go up by 1-2%

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NEW DELHI, JULY 2:   Consumer durables industry is expecting only a marginal price revision despite the category being placed under the highest tax slab of 28 per cent under GST, as players look forward to the festive season in the coming months. The festive season accounts up to 35 per cent of the consumer durables … Read more

U.S. home appliances shipments fall 1.4 percent year-on-year in May: AHAM

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Deliveries of the six biggest categories of white goods (AHAM 6) in the United States fell 1.4 percent year-on-year in May, data from industry body Association of Home Appliance Manufacturers (AHAM) showed late on Tuesday. Shipments in the country, a major market for companies such as Swedish home appliances maker Electrolux (ELUXb.ST), were up 3.4 … Read more