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Household electric goods fail to profit from economic boom

The demand for new household electric appliances remained weak last year despite the economic recovery in Switzerland.

Although the year started well for producers and suppliers of large appliances such as cookers, the sector failed to achieve its targets. In the small appliance sector, traditional market fluctuations remained strong.

Figures released on Tuesday revealed another poor performance for sales of electric cookers after a negative 1999.

Sales of dishwashers and washing machines improved slightly, while sales of fridges and freezers lagged.

The small appliances sector wasn’t able to maintain its improved 1999 performance as traditional market fluctuations reasserted themselves.

The Association of Producers and Suppliers of Household Electrical Goods said the figures showed that some sectors were not yet benefiting from the economic recovery.

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