Saturday, December 12, 2015

CURRENCY DEVALUATION CONTRIBUTES TO 28 PERCENT VOLUME SLUMP IN MAJOR APPLIANCES SALES IN RUSSIA IN 2015

SINGAPORE, Dec 10 (Bernama-BUSINESS WIRE) -- Euromonitor International released today new data on the global consumer appliances industry.
 

According to the new data, the consumer appliances market is expected to grow by two percent in retail volume terms in 2015, with volume sales of major appliances projected to increase by one percent. Russia and Brazil will post a dismal 2015, recording respectively 28 percent and six percent year-on-year volume declines in major appliances.

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