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NBS: Growth in China white goods output easing by August

ABSTRACT

Over January-August, China’s production of four key electrical home appliances including air-conditioners, televisions, washing machines and refrigerators posted further slow-downs in growths or an on-year decline for television, and three of the four posted on-year declines in output for August, according to the data released by China’s National Bureau of Statistics (NBS) on September 17.
As expected, their overall increasesuntil August, thus, were all lower than the 0.2-29% on-year gains over January-July, and even for washing machine that still posted the highest on-year gain among the four, the rate was lower than the 29% on-year rise for January-July, according to the NBS data. As for television,

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