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China’s Q1 white goods output up on robust exports

ABSTRACT

China’s production of the four major home appliances increased significantly in the first quarter of this year, given the low bases in the same period last year, as well as their sustained strong export business. But dampening the manufacturers’ mood was the rise in raw materials and other input costs, Mysteel Global noted.
During January-March, production of air-conditioners, the largest contributor to the home appliance numbers, surged by 49.8% on year to 56 million units, according to data from China’s Bureau of Statistics (NBS), and in March alone, the output also increased 32% to 25.9 million units. Production of the other key white

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