JAPAN DATA: Shipments of home appliances in the domestic market fell
16.2% on year to Y174.5 billion in November, posting the sixth straight
monthly y/y fall following -10.8% in October, 7.9% in September and
-16.0% in August, data from the Japan Electrical Manufacturers’
Association show. Shipments of air conditioners, which accounted for
about 20% of overall shipments, fell 33.9% in November on year, posting
the fifth fall in a row, after -30.9% in October, -12.6% in September
and -32.0% in August.