Jewellery & watch sales in the U.S market increases by 4%

Jewellery & watch sales in the U.S market have increased by 4% over the last nine months, representing an increase in revenues of almost US$6 billion.

Jewellery sales were up an estimated four per cent to US$5.03 billion in July and watch sales increased at the same rate to US$666 million.  Total revenues during the first seven months of 2016 were approximately US$40.03 billion, with jewellery representing 88.3%  and watches 11.7% of total sales.  These gains corresponded with price increases as indicated by the 2015 consumer price index. Reported by Rapaport News.

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