Why are appliance prices rising?



Article written by

C.Tixier, J.Cholin, R.Moquillon, C.Hilary, P.Wursthorm, E.Revidon – France 2

France Televisions

How to explain the recent rise in the price of household appliances? Explanations.

This is overheating in the appliance shelves: + 12% in one year for vacuum cleaners, + 11% for smartphones, + 7% on the washing machine and food processors. The buyers met by France Télévisions, Saturday, September 17, saw it. We need a microwave, now it’s more expensive than before. Before we had really low prices, now you have to put a good hundred euros already”says a man.

Some brands admit to having increased their prices. A company that sells connected objects will increase its prices on Monday. “Some of our components have increased by 20% since 2020 (…) and transport costs have increased by more than 200%“, she justifies.

The Covid-19 crisis has left its mark in the industry. Production has been slowed in Asia, where the majority of devices are made, and costs have soared. The euro also fell against the dollar. To import the products, you now have to pay even more. According to specialists, prices should continue to rise in the coming months.

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