PARIS — Exports of Swiss watches continue to fall, declining 25.9 percent in July to 1.2 billion Swiss francs, or $1.12 billion, compared with the previous year, according to the Federation of the Swiss Watch Industry.
Since January, watch exports have fallen 26.3 percent to 7.3 billion francs, or $6.8 billion, reflecting wilting demand for expensive timepieces amid the economic crisis. Dollar figures are converted at average exchange rates for the periods to which they refer.
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