Flat Year-on-year Total Sales of ACs in China in August

Since August, the growth rate of air conditioner sales in China has slowed down. Total air conditioner sales in August increased by 0.4% year on year, which was basically the same as the same period last year, but still increased by 9.5% compared with August 2019. Among them, domestic sales fell by 9.7% year on year, which was a relatively obvious decline compared with the 27.6% year-on-year growth achieved in July. As the temperature drops, air conditioning companies adjust their production plans.