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Swiss Watch Exports Post Surprise Jump After US Revival

Swiss Watch Exports Post Surprise Jump After US Revival

Monthly Swiss watch exports posted a surprise gain in April as a revival in demand for premium and luxury timepieces in the US and Japan offset continued weakness from China.

Shipments rose 4.5 percent by value to 2.1 billion Swiss francs ($2.3 billion) in April from a year earlier, the Federation of the Swiss Watch Industry said Thursday. The increase follows a sharp drop the month before. They were helped by an 11.6 percent jump in exports…


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