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Purchasing power of cooling products on increase

Wednesday, 07/06/2023

According to weather forecast from meteorologists, this summer,  the heat will last longer and tend to be more intense than the previous ones, due to the influence of climate change and the return of the El Nino weather phenomenon. Therefore, people's demand for cooling devices also "heats up" with the weather.

Many units trading in cooling products said that the consumption of summer cooling products is increasing by 40%-50% compared to the previous period. Not only stopping at fast cooling products, with new technologies, the increase in electricity prices is also a factor affecting consumers' choice for cooling devices with features saving power and protecting health. Therefore, the price difference between energy-saving products and the ones without saving power is about 10%, depending on their type. It is forecasted that people's demand for cooling equipment will increase if the hot weather continues prolonging.

Reported by Thanh Hong-Translated by Kim Tin