Average U.S. prices for plasma televisions fell 3 percent in May according to an industry study prepared for Reuters.
Prices of notebook personal computers and portable DVD players also marked strong declines in the month, leading prices for consumer electronics lower in a month when retailers cleared out inventory to stocked shelves with “back-to-school” products, according to NPD Consumer Electronics Price Watch.
The report, released on Monday, showed prices for a market basket of the 27 most popular electronics goods fell to $12,362 in May, down 3.1 percent from April, and down more than $1,000 since the start of 2004.
Read more at Reuters.
