By  on June 20, 2013

PARIS — Swiss watch exports fell 3.9 percent in May, sapped by a drop in sales of gold watches and an unfavorable comparison with the same period last year, the Federation of the Swiss Watch Industry reported on Thursday.

Foreign sales of Swiss timepieces reached 1.8 billion Swiss francs, or $1.93 billion, in the month, according to the federation. This followed increases of 5.7 percent in April and 0.6 percent in March.

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