According to industry online data, in July 2022, the production and sales of refrigerators and freezers continued the downward trend of the previous month. In terms of production, due to industrial power cuts in some areas, some enterprises extended high-temperature holidays, which had a certain impact on enterprise production, but the overall year-on-year decline was narrowed due to domestic sales. In terms of sales, the domestic market has introduced consumer coupons for home appliances in many places and encouraged "trade-in" policy support. In addition, factors such as the soaring temperature in the country have stimulated demand to a certain extent, showing a year-on-year growth trend; while overseas markets are affected by high inflation, energy crises and extremely affected by multiple factors such as drought caused by high temperature, the resident consumption index continued to soar, and the demand in many areas continued to fall.
