Electronics and Appliances Industry Forecasts Slow for 2014

By Lise Alves, Contributing Reporter

SÃO PAULO, BRAZIL – Weak consumer demand in the first half of 2014 have led many industries in Brazil to decrease production and announce employee furloughs for the months of June or July. With much of the first quarter’s production still on store shelves, many companies in the electronics and appliances retail sector are taking action.

The industry is one of the most affected by the slowdown of the economy and lower sales. Whirlpool . . .

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