Discretionary buying remains subdued - Business News: Latest News & Videos about market and economy | Trendmergers

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Discretionary buying remains subdued

For instance, GfK data show volume sales of semi-automatic washing machines declined by 1% in 2021 over 2019 and solo microwave oven by 3%. However, all these categories grew in overall volume sales (13% and 22%, respectively) mainly driven by the premium range. While overall refrigerator sales too declined by 5% in the same period, it was steeper for single door fridge at 13%.

from Industry-Economic Times
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