By  on July 18, 2013

PARIS — Swiss watch exports declined 3.1 percent in June, due primarily to gold timepieces, which reported a double-digit fall, and partially because of one less working day in the month than in 2012, the Federation of the Swiss Watch Industry reported.

Foreign sales of Swiss timepieces in the month reached 1.9 billion Swiss francs, or $2.03 billion, according to the federation. This followed a 3.9 percent fall in May and a 5.7 percent increase in April.

Dollar figures are calculated at average exchange for the period to which they refer.

The number of exported wristwatches declined 7.9 percent in relation to June 2012, dragged down by a 23.2 percent drop in the amount of timepieces in other metals. Volume fell 16.5 percent for silver and gold-plated timepieces and 14 percent for other categories.

 

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