Domestic appliances expert warns prices could rise

Post by Tom on 27th October 2011 in

Domestic appliances expert warns prices could rise

An expert in the Chinese domestic appliances industry has warned that prices of consumer products could rise as manufacturers are forced to adhere to tighter environmental standards.

According to a report by UKwhitegoods.co.uk, the European Commission (EC) is expected to introduce new rules for products such as air conditioners within the coming months. New rules affecting products including water heaters and vacuum cleaners are expected to be introduced by 2013.

Huang Wenxiu, a home appliances expert at the China Electric Apparatus Research Institute, told the Southern Metropolis Daily that if the EC's energy-related products (ERP) directive is extended to cover goods made by Chinese companies, then production costs will increase.

He said: "This is an industry with lean profits, and with costs on the rise, product prices at the consumer end are also expected to increase."

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